Short

HelenP. I Ethereum can continue to move down to $1600 level

Hi folks today I'm prepared for you Ethereum analytics. A short time ago price declined to the trend line, thereby breaking the 1640 level, which coincides with the support zone. But at once price made a strong upward impulse until to resistance 2, breaking resistance 1 again. Then ETH started to decline and in short, time fell to the 1640 resistance level and some time traded close. Later price rebounded from this level and made impulse up again to 1745 points, breaking the 1700 resistance level, but soon it fell back below this level. Next, the price first declined to resistance 1 and soon broke it. After the breakout price declined even lower support zone, but recently it bounced up and now ETH trades in this zone. I expect that the price can make a movement up to the resistance level and then continue to move down. For this case, I set up my target at the 1600 level. If you like my analytics you may support me with your like/comment ❤️

FirstNameHelen

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FirstNameHelen

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