ETHEREUM/USDT/BINANCE/15M

48
In this time frame, the price is moving in the circuit of a downward trend line and has faced resistance in the range of $1310 and has seen a Sharpie fall to the range of $1265 and with the formation of a Bearish flag pattern which is a kind of continuing pattern, we expect further decline to the $1244 range. If the $1260 range continues to support and a high volume of purchases enters the market, we can expect the price to rise to the $1310 resistance range.


Resistance range: 1287-1300-1310
Support range: 1271-1260-1244

important news:

Ethereum-scaling protocol zkSync’s layer-3 prototype set for testing in 2023
Oct 11, 202207:29
ETHUSDT−1.00%

A new layer-3 (L3) prototype aimed at further solving Ethereum’s scalability issues is set to be deployed for testing as soon as Q1 2023.

Goodluck
Sanam

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.