ETHEREUM Long Term

Ethereum is moving in the upward channel in the long run and after hitting the bottom of the channel, this level was maintained with the support of buyers.

To continue the uptrend and end the downtrend, the downtrend line in the daily timeframe should be broken and buyers should be able to stabilize the price above the resistance of 3400$.

Short-term holders that have not been purchased before can enter the downtrend after breaking the downtrend line and hold up to the specified resistances or the channel ceiling.

This Analyzing Will be Updated.

👤 AmirHossein
📅 02.08.2022
⚠️ (DYOR)
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