ETHEREUM: IN DANGER OR A FALSE DROP?
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.
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.
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.