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ETHUSD 25 April 2023

ETHUSD 25 April 2023 on the H4 timeframe, it can be seen that this crypto is far below the kumo cloud on the ichimoku indicator. This crypto is experiencing a bearish trend and is still moving sideways below S2 since last week. Refer to stochastics and the MFI indicator looks even though it is in a bullish trend, but it looks like this crypto will bounce back towards S2. if its able to penetrate S2, then go-long can be an option. But if it’s the other way around, then go-short is an option. Wait for further Indication or trade with your own risk.

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