Analysis of Ethereum 4-hour timeframe
The current price of ethereum is 2234 dollars. Due to the drop of bit below 40 thousand, ethereum has also had a 5% price drop. If the yellow trend line is broken down, we will see lower prices touching 2130 and 2078. It is possible. The support of this area is also high, in which case the next targets will be $2325 and $2400, which is not far from the mind.
Technical analyst: Amir Hassan Salek
The current price of ethereum is 2234 dollars. Due to the drop of bit below 40 thousand, ethereum has also had a 5% price drop. If the yellow trend line is broken down, we will see lower prices touching 2130 and 2078. It is possible. The support of this area is also high, in which case the next targets will be $2325 and $2400, which is not far from the mind.
Technical analyst: Amir Hassan Salek