ETHUSDT 2021/10/12
Etherium Digital Currency has apparently reached a resistance zone, which continues to move upward, demanding calm and favorable conditions. The market started very well this week and still has not seen bad conditions, but it can have critical conditions. In this regard, buyers who have bought Etherium for $ 3,350 to $ 3,400 are saving $ 3600 to $ 3,650, and are fluctuating.
As a result, Etherium has moved out of its uptrend channel, which had a very low slope, in this price range, and its movement has suffered. As you can see, the curved trend line indicates a sharp decline in the uptrend.
If the $ 3,350 support is broken, Etherium could fall to $ 3,200 and then to $ 3,000. But now the Ichimoku cloud indicator in this area is showing very good support. And we expect this range to be maintained for now.
Etherium hit the range of 3600 and went back down. Thorium's market is currently volatile, but long-term buyers have not yet reaped the benefits, and are thinking of higher numbers.
As a result, Etherium has moved out of its uptrend channel, which had a very low slope, in this price range, and its movement has suffered. As you can see, the curved trend line indicates a sharp decline in the uptrend.
If the $ 3,350 support is broken, Etherium could fall to $ 3,200 and then to $ 3,000. But now the Ichimoku cloud indicator in this area is showing very good support. And we expect this range to be maintained for now.
Etherium hit the range of 3600 and went back down. Thorium's market is currently volatile, but long-term buyers have not yet reaped the benefits, and are thinking of higher numbers.
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