1. There is a major bearish trend line forming with resistance near $1,660 on the hourly chart of ETH/USDT
2. If Ethereum fails to rise above the $1,670 resistance, it could start another decline.
3. An initial support on the downside is near the $1,620 zone.
4. The next major support is near $1,560, below which there is a risk of a sharp decline.
5. In the stated case, ether price may perhaps decline towards the $1,505 support in the near term.
6. Any more losses might call for a test of the $1,450 level.
2. If Ethereum fails to rise above the $1,670 resistance, it could start another decline.
3. An initial support on the downside is near the $1,620 zone.
4. The next major support is near $1,560, below which there is a risk of a sharp decline.
5. In the stated case, ether price may perhaps decline towards the $1,505 support in the near term.
6. Any more losses might call for a test of the $1,450 level.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.