The tendency is and we also have a .
The trading is also low which can lead to a sudden move.
Halfway through Wednesday, we can see this move start to fully take form.
The is below the zero line and trending lower.
The is also trending down.
ETHUSD looks on the 4H timeframe.
Conditions for change
If prices move up and produce a higher high compared to the 24-May peak, we can start to consider the view short-term.
But if prices remain below EMA100, EMA50, MA200, and EMA100, we remain .
The next immediate support is sitting at $198.50 or EMA200, followed by $193.80 or EMA300.
This is not financial advice.