Ethereum will remain bearish as long as this resistance hold!
Updated
Hello to all members of TradingView and my followers.
Ethereum is in a bearish trend on the 4-hour time frame, and the $1,150 and $1,200 supports have also been broken to the downside. For now, we have to wait until the downward slope decreases, and the price stabilizes. Ethereum's following support is in the $1100 range. The pivot point indicator shows weekly pivot resistance in the $1150 range. As the new week has begun, Ethereum will remain bearish as long as this resistance level holds.
If it is helpful to you, please like it. If you have a comment, I'll be happy to know. Respectfully.
Ethereum is in a bearish trend on the 4-hour time frame, and the $1,150 and $1,200 supports have also been broken to the downside. For now, we have to wait until the downward slope decreases, and the price stabilizes. Ethereum's following support is in the $1100 range. The pivot point indicator shows weekly pivot resistance in the $1150 range. As the new week has begun, Ethereum will remain bearish as long as this resistance level holds.
If it is helpful to you, please like it. If you have a comment, I'll be happy to know. Respectfully.
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