ETHEREUM possible trend change?

I have been making plays mostly based on the 4 hour charts. Now that doesn't mean that we cant dip into the one hour to see whats going on.

So lets take a look:


What I see here is a weak buy back rally that has volume under moving average and also under the recent selling hours volume.

I have pointed out on numerous occasions that when we see these stubby short candles with wicks on each side that I believe a trend change is coming.

However this isn't the strongest case I have ever seen. (see linked published idea on BTC)

That being said it would not surprise me to see ETH price action go either way up or down.

I do maintain that if it goes up it is most likely a suckers rally.

I personally will not restore confidence in or speculate spot or long on ETH until it has closed daily over 4K multiple times.

Until then,

Happy Trading my friends,

Crypto Slayer