Ethereum can make a retest and then continue to fall
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Hello TradingView community and my followers, please if you like the ideas, don't forget to support them with likes and comments, thank you very much and here we go.
Today, I want to talk to you about the ETH/USDT chart.
On the chart, we can see how Ethereum started to decline and left the range.
The price broke the support level, which has now become the resistance level.
The price is currently trading near the resistance level.
I expect that the price can rise a little and form a retest, after which it will continue to decrease.
Therefore, I see our target at 1420.
I expect such a scenario.
This is my opinion, I really hope it will be useful for you.
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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.