No change from our point of view, the trend remains bearish on the daily chart, and as long as we see a weekly closing below 543, we expect that downtrend could still continue up support area around 227, very close to our final destination (see our setup below).
OUR DAILY SETUP
![[ETHUSD] POTENTIAL BEARISH TREND](https://s3.tradingview.com/6/6MSEWkwf_mid.png)
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Thank you for support and trade with care!
OUR DAILY SETUP
If you think this analysis can be useful, leave a your comment or your LIKE!
Thank you for support and trade with care!
Note
...new low for the pair!Note
Trade closed: target reached
Trade closed: target reached
TARGET 3 HIT!
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.