ETHUSD ❕ trading in range
Ethereum dropped below liquidity.
The price broke down the uptrend channel.
ETH bounced down from 200MA (4H TF)
The asset dropped below 50MA (1H TF)
50MA broke down 100MA (30m TF)
I expect that after fixing under the channel, the price will go to retest the support level, and after fixing under it will continue to decline.
The price broke down the uptrend channel.
ETH bounced down from 200MA (4H TF)
The asset dropped below 50MA (1H TF)
50MA broke down 100MA (30m TF)
I expect that after fixing under the channel, the price will go to retest the support level, and after fixing under it will continue to decline.
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