As we can see recently eth didn't manage to break that 50 MA and based on my analysis the 4h trend line acting as a support has been broken which gives me a feeling it will drop back to major support levels like the ones at 1700 - 1800 area. What do you think about this?
Chart: ETH (Coinbase) - 4H timeframe
Chart: ETH (Coinbase) - 4H timeframe