Based on my analysis and the lack of volume in Ethereum and the near close of the CME in 4 days, I think we have reached a big resistance (288$) that we won't breakthrough. I now think that we are going to face a retracement. I'll watch first the 262$ support which can be hitten when the price will reach the top of the Ichimoku's cloud. If the price doesn't rebound on the cloud, I think the next key support is the 250$.
Comentarios:
I maybe jumped into conclusion too soon. We definitely need to wait for an H4 candlestick to close below the conversion line in order to see a good retracement. But the supports are still up to date