Red box is the key level for ETH. It's a huge resistance on H4 tf, and we can see a possible fakout before retracing till actuals lows. In case ETH will be strong enough to break above the resistance zone, it could jump and enter the green zone, where i expect a touch of the main trendline
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.