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ETH S&R and trend lines

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BINANCE:ETHUSDT.P   Ethereum / TetherUS PERPETUAL CONTRACT
#ETH/USDT
$ETH broke down the support zone and now is inside this zone maybe to confirm it as resistance!

🐻 high probability is breaking down from ascending trend line will drop price to lower trend line and support zone around $1250.

🐮 but if bulls surprise us and going to stay above the current zone, $ETH will have another leg up toward the resistance zone around $2k.
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#ETH/USDT
#update

$ETH broke down from ascending trend line.

🐻 so seems more drop (as I mentioned in the last analysis) to touch the lower trend line and maybe support zone around $1250.


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