#ETH lost the initial blue-circled area as support and has since dumped past the dashed line support.
#Ethereum needs to hold this ~$1680 support area to prevent a multi-month downtrend.
Also, bullish sentiment will return only if we have a weekly close above ~$3,050.
#Ethereum needs to hold this ~$1680 support area to prevent a multi-month downtrend.
Also, bullish sentiment will return only if we have a weekly close above ~$3,050.
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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.