$ETH The daily chart shows a star-like setup on a bullish candle, and the “energy” is also decreasing. This is not a good signal for the bulls and may mean a reversal. On the 4-hour chart, two doji candles and one bearish candle form an evening star pattern—this suggests that the market may be reversing here. 1950 is an effective support. Looking at the 1-hour chart, the selloff is continuous and volume is increasing, so a pullback may occur. The potential downside bottoms are 1840 and 1825—so long as this area is not broken below, it is still a good opportunity to go long on the pullback.

ETH1.02%
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