cryptofamily

Hello everyone!

Today we will analyze the ETHUSDT asset on the 4H timeframe.

Current situation:
As we can see on the chart, after a long growth, the price formed a local high at 4097, after which this level was removed along with the liquidity below. This led to the formation of a new local high at 4111, which caused the beginning of a corrective movement to the block at 3220 and below.
At the moment, the price has rolled back a little and is trading around 3330.

Expectations
It is the end of the week now, so after the fall this week, I would like to see a small upward correction above 3538. After that, already at the beginning of next week, it will be possible to look for opportunities to enter to continue the price decline below 3016 and further.

Love to eat, drink coffee, and read a book all at once. 

Thanks for the detailed analysis! Looks like it's time to shopping) 202 $degen