ETHUSD 1H chart.
Price has broken the upward trendline, which means the market looks bearish now. 📉
Possible Down Targets:
🎯 Target 1: 1955
🎯 Target 2: 1925
🎯 Target 3: 1885
🎯 Target 4: 1840 (strong support / my marked target)
Important Levels:
Resistance: 2020 – 2035
If price goes back above 2035, the sell idea becomes weak.
✅ Conclusion:
Since the trendline is broken, ETH can drop toward 1925 → 1885 → 1840 if selling pressure continues.
Price has broken the upward trendline, which means the market looks bearish now. 📉
Possible Down Targets:
🎯 Target 1: 1955
🎯 Target 2: 1925
🎯 Target 3: 1885
🎯 Target 4: 1840 (strong support / my marked target)
Important Levels:
Resistance: 2020 – 2035
If price goes back above 2035, the sell idea becomes weak.
✅ Conclusion:
Since the trendline is broken, ETH can drop toward 1925 → 1885 → 1840 if selling pressure continues.
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Related publications
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.