ETHUSD long view

Following the chart, on the four-hour time frame, we see that Ethereum made a new historic high at $ 2146. We currently have a smaller pullback to the moving averages of the MA20 and EMA20 at $ 2040. If Ethereum runs out of power, we'll see a further withdrawal to the MA50 at around $ 1950. for this pullback, we can use Fibonacci retracement levels; what we see first is that we are currently testing a 23.6% level at 2000%> By finding the support, we go up again, and otherwise we go down to 38.2% level at $ 1907. Previously, the pullback was up to 61.8% Fibonacci level, so that we can expect a bigger pullback than the current one. Overall, we are still in a big bullish trend.