ETH – Retreats after All Time Highs

October has been a good month which has been in continuous uptrend since October 01, 2021. Ethereum is rising in a  regression trend across all time frames.

Yesterday Ethereum hit a fresh All-Time High of $4609. It is pulling back this morning but the uptrend remains intact.  While there’s possibility of a correction to 20-day SMA at $4200, Ethereum holds above EMA 20 on a 4hour chart and EMA 50, 100, and 200 act as significant support at different levels inside the regression trend.