Ethereum / TetherUSShort
Ethereum daily chart analysis
Hello World! Today we are going to analyze the price of Ethereum on the daily chart
Ethereum has a complex outlook since the volume with which the price rose was very little, we can see that it was dated at the first resistance of Fibonacci 38.2, which indicates a strong downward trend, as we can see Ethereum has as its last resistance the area of $2,200 and $2,000, which would be the ideal purchase area as long as we observe that the price remains at these prices with absorption.
Ethereum follows Bitcoin with the price, if btc goes up Eth too, so it is very important to see Bitcoin stay above $30,000.
At the moment alcoins are being very affected, take care of your portfolio and good luck!
See you!!
Ethereum has a complex outlook since the volume with which the price rose was very little, we can see that it was dated at the first resistance of Fibonacci 38.2, which indicates a strong downward trend, as we can see Ethereum has as its last resistance the area of $2,200 and $2,000, which would be the ideal purchase area as long as we observe that the price remains at these prices with absorption.
Ethereum follows Bitcoin with the price, if btc goes up Eth too, so it is very important to see Bitcoin stay above $30,000.
At the moment alcoins are being very affected, take care of your portfolio and good luck!
See you!!
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