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.
