crypto-chart

ETH is going to break the important support area

Short
crypto-chart Updated   
BINANCE:ETHUSDT   Ethereum / TetherUS
Hello traders.
ETH is around important support area (channel's lower band & static support) and it is penetrating below it.
seems it is going to break the support area . With the closing of the weekly candle below the support area more drop is expected.
And I do not think we will see good things after that.
Trade closed: target reached
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.