ETH Faces Strong Resistance—Bearish Trend Likely to Continue
ETH has struggled twice to break above the 1685 resistance level, keeping the price in a downward trend.
So far, the bearish momentum remains strong.
While there could be a slight recovery near 1615 due to low trading activity, a big price increase seems unlikely.
Another bearish wave may follow, with potential downside targets at 1500 and 1410, as shown in the chart.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
ETH has struggled twice to break above the 1685 resistance level, keeping the price in a downward trend.
So far, the bearish momentum remains strong.
While there could be a slight recovery near 1615 due to low trading activity, a big price increase seems unlikely.
Another bearish wave may follow, with potential downside targets at 1500 and 1410, as shown in the chart.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
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t.me/KlejdiCuni
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youtube.com/@TradingPuzzles
Related publications
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.
✅MY Free Signals
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
Related publications
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.