Ethereum / Bitcoin
Short
Updated

#ETHEREUM - Looks Bearish in Pair with $BTC

731
The price was not able to break through the descending trend line and was rejected downwards. Now we expect to see a decline of ETHBTC pair to at least a mid-range of 22900 sats. The final target is the ascending support.
Note
snapshot

If we speak about local picture. Triangle was broken, the price is consolidating below the support level, which is now acting as resistance. Moreover, there is a horizontal resistance at 25200 sats.

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