ETH Broken Trend with acceleration
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Sellers have broken through one of the trend lines of support for the "Accelerated Trend" pattern.
Moving Averages also intersected.
Therefore, the price is likely to drop to $ 147.
Growth can be considered after buyers fix the price above the resistance level $ 161.50.
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Sellers have broken through one of the trend lines of support for the "Accelerated Trend" pattern.
Moving Averages also intersected.
Therefore, the price is likely to drop to $ 147.
Growth can be considered after buyers fix the price above the resistance level $ 161.50.
_________________________________________
This analysis and more in our Telegram channel.
Also, don't forget to visit our profile.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.