Ethereum
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ETH/USD - Bearish Engulfing Candle! Pullback imminent?

ETH has reached 3k, but it failed to move above it today.

If this continues, then Monday we may see a pullback to $2,800 before a clean break above $3,000.

At the time of this post, the current daily candle is a bearish engulfing one which may signal we go lower before going higher.

Overall, the chart is bullish, but as with all markets, nothing goes up in a straight line. So if you are wondering what to do, you are better off waiting for a re-test of the support at $2,800 to reload.

Only if we break above $3,000 and make it support, should you consider an entry.

Lets see what Monday brings.

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