ETH is moving in the liquidity zone within the ascending channel.
The price reached the resistance level as the upper boundary of the liquidity zone, after which the price went down sharply.
During the whole time of price movement in the liquidity zone, trading volumes were decreasing.
Price and RSI show bearish divergence on the 4H Timeframe.
I expect that this weekend we may see Ethereum decline after testing the support level and fixing under it.
The price reached the resistance level as the upper boundary of the liquidity zone, after which the price went down sharply.
During the whole time of price movement in the liquidity zone, trading volumes were decreasing.
Price and RSI show bearish divergence on the 4H Timeframe.
I expect that this weekend we may see Ethereum decline after testing the support level and fixing under it.
