#ETH
Ethereum looks bad, all the important supports were easily punctured, and now we can continue to go lower with the rest of the markets. The closest support range formed within $ 73-78, fixation below which will be a very bad signal. The nearest resistance is $ 100, its breakdown will give strength for a step up, but it will be extremely difficult to rise above $ 140, even after breaking through $ 140 there is a high probability that it will fall again.
Ethereum looks bad, all the important supports were easily punctured, and now we can continue to go lower with the rest of the markets. The closest support range formed within $ 73-78, fixation below which will be a very bad signal. The nearest resistance is $ 100, its breakdown will give strength for a step up, but it will be extremely difficult to rise above $ 140, even after breaking through $ 140 there is a high probability that it will fall again.
Note
Ethereum still looks bad and is close to the support listed below. There are no globally positive signals, we can slightly rebound, but the trend remains bearish.
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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.