LIVEMr M
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An ascending harmonic pattern has formed in the #Ethereum price chart in the time frame of the hole.
Finally, after a lot of resistance, the price dropped more than 25% from the support level of $2870-3030 and reached the bottom of the ascending channel.
Maintaining the current level is very important for the price because it is both the bottom of the ascending channel and the important demand level, if the price loses the current position it may fall to $1530.
The main scenario for now is price relaxation and reduced volatility.
Finally, after a lot of resistance, the price dropped more than 25% from the support level of $2870-3030 and reached the bottom of the ascending channel.
Maintaining the current level is very important for the price because it is both the bottom of the ascending channel and the important demand level, if the price loses the current position it may fall to $1530.
The main scenario for now is price relaxation and reduced volatility.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
ETH
2,511.92
-4.77%
Replies 0
