ETHUSDT The ETH/USDT pair has pulled back to the 20-day EMA (
1,949), which is just below the psychological support of 
2,000. This is an important support for the bulls to defend because a break and close above it may tilt the advantage in favor of the sellers. The pair may first collapse to 1,800 and, later, to 1,700.Instead, if the price rebounds off the 20-day EMA, it will suggest that the bulls are trying to flip the
2,000 level into support. If they can pull it off, the pair may rally to 2,200. A break and close above this level will clear the path for a potential rally to 
3,000.Let me know what you think!
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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.