ETHUSDT Can we see ETH dump 10% from here??

Short

Ethereum / TetherUS PERPETUAL CONTRACT (BINANCE:ETHUSDT.P)

BINANCE:ETHUSDT.P Ethereum / TetherUS PERPETUAL CONTRACT

trendanalysis ethusd ethusdt ethusdshort cryptocurrency

After making an ATH ETH got rejected by the resistance and seems to want to trade much lower. We can expect it to find support around the 1270 level as this area has acted as support and resistance level before. If it does break this support level we can expect it to trade at the bottom of this parallel channel.
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