Ethereum can reach the bottom of the descending channel
Hello TradingView community and my followers, please if you like the ideas, don't forget to support them with likes and comments, thank you very much and here we go.
Today, I want to talk to you about the ETH/USDT chart.
Looking at the chart, we can see how the coin is moving in the middle of the descending channel. The price is now below the resistance line and may drop to the support line.
I think the price will continue to fall and reach the support line, where I see our target at 1490.
In the future, the price may break this support line and as soon as the situation changes, I will update you.
I expect such a scenario.
This is my opinion, I really hope it will be useful for you.
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.