amirfxcrypto

ETH Daily Analysis

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BINANCE:ETHUSD.P   ETH Perpetual Futures Contract
Hello traders

In this analysis we want take a look to the ETH/USDT chart for recent days

ETH started a good uptrend to the $ 4,000 range after breaking the daily downtrend.
With the market falling in recent days, it is returning to the same trend line, although this trend has become a dynamic support for the price.
On the other hand, we have the Fibonacci golden area below the price, which can keep the price again and bring the price to its highest level.
However, if the selling pressure of the new week continues
We can see lower levels
ETHUSDT

Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.

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Have a nice day and Good luck
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