ETH : the bears are in control
#ETH/USD TA Update:-
ETH is currently trading at $1847
The support since January 15th has a lot of difficulty to hold
Now. ETH is below the 200MA and EMA in the daily chart
4h chart : RSI < 0 and he could go out of the descending channel (rejected around 2020)
What next ? It seems to stay on the half part of the descending channel, so maybe a support around 1750$. If not, it could go to 1500$.
Targets:- 1750$ - 1500$ - 790$
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ETH is currently trading at $1847The support since January 15th has a lot of difficulty to hold
Now. ETH is below the 200MA and EMA in the daily chart
4h chart : RSI < 0 and he could go out of the descending channel (rejected around 2020)
What next ? It seems to stay on the half part of the descending channel, so maybe a support around 1750$. If not, it could go to 1500$.
Targets:- 1750$ - 1500$ - 790$
Please click LIKE button and Appreciate my hard work.
Must follow me for latest crypto real time updates.
Thank you.
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