ETHEREUM-How good is this merging??

Hi everyone

As we get close to 8th of June for Ethereum 2.0 upgrade, some good bullish moves may happen on this asset's pairs which includes ETHUSDT.

In the past couple of bars, the weaker selling pressure is obvious,but to have a healthy trend we may get another move down to 1725$ and then we can have some good bull market.

Support factors are 1725$ level and the bottom of daily trading range and for resistance we have the bear trend line and 1810$ level.

Hope this analysis helps you in a way.

I will gladly answer your questions,Just leave a comment below and PRESS THE LIKE BOTTOM please.
Chart PatternsETHEthereum (Cryptocurrency)ethereumdollarETHUSDTHarmonic PatternsTrend AnalysisTrend Line Breakwedgepatterns

Disclaimer