ETHUSD Trades Sideways After Decline Pauses

<p><img width="612" height="408" src="https://www.actionforex.com/wp-content/uploads/2023/02/f-eth5.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" srcset="https://www.actionforex.com/wp-content/uploads/2023/02/f-eth5.jpg 612w, https://www.actionforex.com/wp-content/uploads/2023/02/f-eth5-600×400.jpg 600w, https://www.actionforex.com/wp-content/uploads/2023/02/f-eth5-150×100.jpg 150w, https://www.actionforex.com/wp-content/uploads/2023/02/f-eth5-300×200.jpg 300w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>ETHUSD spikes aggressively to the downside Rebounds quickly and moves sideways in the last sessions Momentum indicators are heavily tilted to the downside ETHUSD (Ethereum) experienced a sharp retreat following the formation of a double top pattern in the four-hour chart. Although the bulls managed to recoup some losses after the price tumbled to a fresh one-month [&#8230;]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/533931-ethusd-trades-sideways-after-decline-pauses/">ETHUSD Trades Sideways After Decline Pauses</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>

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