ETHEREUM: IN DANGER OR A FALSE DROP?

Güncellendi
Hello traders, I hope you guys are doing great. Here's a quick analysis of ETH.

Timeframe: 8 hours.

Update: ETH broke down below the support trendline, re-tested the support, and now dropping down. We have a support range between $1700 to $1800, and ETH must hold this level if not then $1600 would be decent support for ETH.

Be watchful with your trades, guys.

Not
anlık görüntü

ETH Update: ETH couldn't hold the $1700 to $1800 support range. As mentioned, ETH is currently trying to hold the second support level at $1600. If ETH misses this one then $1360 could be the expected drop level. Let's see how it plays out.

Trade safely.
Chart PatternsETHEthereum (Cryptocurrency)ethereumforecastethusdideaTechnical IndicatorsTrend Analysis

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