Ethereum is in a long-term bearish channel. The main support range for Ethereum is between $2350 and $2400, which if we lose this support level, the price could drop to at least $2160 again. In the daily time frame, Ethereum has formed a triangle pattern that breaking this pattern upwards and stabilizing above it, and also above resistance at $2730 can push prices up to the main resistance range, and crossing the main resistance range and stabilizing above it can bring Ethereum back to the bull market. We have to wait for one of the surfaces of the triangle pattern to break to determine the direction of price movement.
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Sign up in Bybit Exchange with below link and get welcome bonus and 40% lifetime discount in all fee charges :
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这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。