zoomarz.com
The queen of digital currencies also continued to lower its price, this time reacting to the bottom of the downtrend channel. It reached this range earlier than expected, and support for $ 300 has not yet been paid. Due to the short distance with this support, there is a possibility of collision and reaction. But in any case, Rand support will be very important for Ethereum. The two green zinc lines are the annual resistance range of the atrium, and it is not possible to continue moving until the daily closes above this range. So given the strong support margins that surround the price, we expect this suffering for Ethereum to be short-lived. Unless one of the most serious and important news items is broken.
Sharp's move to the $ 3,200 to $ 3,000 support range has been divergent. So as you can see from the last candlestick reaction, there is a possibility that the price will return to the channel midline at $ 3300. But this return due to severe market fears, even on weekends, can not be done quickly. But it's a good sign.
For the trend to rise during this period, the Ethereum price needs to stabilize above the $ 3450 range, in order to reach the downside channel. So this range is also a good resistance for short-term and volatile trades, which you can use.
zoomarz.com
The queen of digital currencies also continued to lower its price, this time reacting to the bottom of the downtrend channel. It reached this range earlier than expected, and support for $ 300 has not yet been paid. Due to the short distance with this support, there is a possibility of collision and reaction. But in any case, Rand support will be very important for Ethereum. The two green zinc lines are the annual resistance range of the atrium, and it is not possible to continue moving until the daily closes above this range. So given the strong support margins that surround the price, we expect this suffering for Ethereum to be short-lived. Unless one of the most serious and important news items is broken.
Sharp's move to the $ 3,200 to $ 3,000 support range has been divergent. So as you can see from the last candlestick reaction, there is a possibility that the price will return to the channel midline at $ 3300. But this return due to severe market fears, even on weekends, can not be done quickly. But it's a good sign.
For the trend to rise during this period, the Ethereum price needs to stabilize above the $ 3450 range, in order to reach the downside channel. So this range is also a good resistance for short-term and volatile trades, which you can use.
zoomarz.com