๐ Hello crypto community I'm M.A , AKA smart trader . welcome to this weekly analysis today for ETHEREUEM !
As you can see in the daily timeframe for the ETHEREUEM from the previous analysis. We see that in a wilder move than Bitcoin, it lost its previous support and fell exactly to the lower Major support.
Now we see that the ETH USDT has been fluctuating in a large downhill channel with a gentle slope and has recently fallen below its midline, and also I can even imagine a horrible pattern of head and shoulders for the ETH that also shows lower targets.
It is now supported on Strong support zone . and If it grows from here, it can grow to a higher resistance, then fall again .
But if it also loses current support, the channel floor or lower support floor can be its next target .
Best regards๐คโ๏ธ
--------------------------------------------------------------------------------------------------------------------
๐This analysis is my personal opinion ,not a financial advice ,so do your own research.
๐ if you're a fan of my analyses PLZ follow me ,give a big thumbs ๐ and drop comment ๐ฏ๐ญ
As you can see in the daily timeframe for the ETHEREUEM from the previous analysis. We see that in a wilder move than Bitcoin, it lost its previous support and fell exactly to the lower Major support.
Now we see that the ETH USDT has been fluctuating in a large downhill channel with a gentle slope and has recently fallen below its midline, and also I can even imagine a horrible pattern of head and shoulders for the ETH that also shows lower targets.
It is now supported on Strong support zone . and If it grows from here, it can grow to a higher resistance, then fall again .
But if it also loses current support, the channel floor or lower support floor can be its next target .
Best regards๐คโ๏ธ
--------------------------------------------------------------------------------------------------------------------
๐This analysis is my personal opinion ,not a financial advice ,so do your own research.
๐ if you're a fan of my analyses PLZ follow me ,give a big thumbs ๐ and drop comment ๐ฏ๐ญ
