ETH Weakens Below 2460
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ETH Weakens Below 2460
After an impulsive bearish wave that began on August 24 near 2818, the price has been forming a bearish “Contracting Triangle Pattern.”
Today, the price broke out from this bearish pattern and is expected to continue moving downward. The 2460 price zone, which was crucial for the bulls, has now turned into resistance. It appears that bearish sentiment is growing.
The first support level is near 2390, which also serves as a short-term target.
Additional targets where the price may pause are found near 2332 and 2207.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
After an impulsive bearish wave that began on August 24 near 2818, the price has been forming a bearish “Contracting Triangle Pattern.”
Today, the price broke out from this bearish pattern and is expected to continue moving downward. The 2460 price zone, which was crucial for the bulls, has now turned into resistance. It appears that bearish sentiment is growing.
The first support level is near 2390, which also serves as a short-term target.
Additional targets where the price may pause are found near 2332 and 2207.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
İşlem kapandı: hedefe ulaştı
ETH - after some speculations ETH reached the target :)
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