A solid push brings ETH to 4k but subsequent PA results in another double-top formation.
Although price was able to keep above 3900 D1 failed to close within zone implying a higher chance of further correction.
Using a similar $60 window as 3750-3810 and 3520-3580, expected support has been indicated via the upper green highlight (3840-3900).
Note that adjustments were made from 3765->3750 and 3700->3685 for better accuracy (H4->H1).
www.tradingview.com/chart/gDBkksfy/
Although price was able to keep above 3900 D1 failed to close within zone implying a higher chance of further correction.
Using a similar $60 window as 3750-3810 and 3520-3580, expected support has been indicated via the upper green highlight (3840-3900).
Note that adjustments were made from 3765->3750 and 3700->3685 for better accuracy (H4->H1).
www.tradingview.com/chart/gDBkksfy/