#Ethereum price (ETHUSD) resumes its negative trading to approach 3042.50$ level, noticing that the price completes forming head and shoulders’ pattern that we expect to push the price to break the mentioned level followed by heading to achieve more negative targets in the upcoming sessions, as the next target reaches 2825.00$, while the expected decline will remain valid unless the price rallied to breach 32620.00$ and hold above it.

 


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Update: Bitcoin price (BTCUSD) is under the negative pressure
Economies.com
2024-11-14 15:18PM UTC

Bitcoin price (BTCUSD) achieved initial break to the intraday bullish trend line to head towards starting potential bearish correction in the upcoming sessions, noting that consolidating below 90000.00$ will push the price to test 87025.00$ as a first correctional target, which breaking it represents the key to rally towards 83165.00$ as a next negative target, while breaching 90000.00$ will reactivate the positive scenario and head to visit 94000.00$ areas on the near-term basis.Update: Crude oil price breaches the resistance

2024-11-14 15:18PM UTC

Crude oil price trades with clear positivity to breach 68.64$ and attempts to hold above it, to hint heading for potential turn to rise in the upcoming sessions, noting that closing the day above this level will push the price towards 70.58$ as a next positive station.

Ethereum price (ETHUSD) forecast update - 14-11-2024
Economies.com
2024-11-14 09:30AM UTC
Ethereum price (ETHUSD) settles below 3262.00$, to keep the bearish trend scenario valid for today, which its next main target located at 3042.50$, noting that the price is forming negative pattern that might cause bearish rally and surpass the mentioned target to suffer more losses in the upcoming period, while holding 3262.00$ represents major condition to the continuation of the suggested bearish trend.

 

The expected trading range for today is between 3070.00$ support and 3300.00$ resistance.

$ETH