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15:27
ETH 4H Price Retests Value Area High: Pullback After Fresh Higher High, Momentum Reset Hints at HL Setup This Week

According to @52kskew, ETH on the 4H timeframe is retesting the current value area high, source: @52kskew. The move is framed as a pullback following a fresh higher high versus the prior downtrend, which in an uptrend should evolve into a higher low, source: @52kskew. Momentum indicators are described as resetting on the 4H, implying conditions for continuation if a higher low forms, source: @52kskew. The trader highlights that it is going to be a big week for ETH price structure and momentum, source: @52kskew.

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