Hello traders! Welcome back to another episode with analyst Aaadil1000x.
ETHusdt is inside the channel and it's already showing signs of weakness. The pattern at the peak of the channel shows that it can fall back to the support.
We can expect the ETH price to dip below 1750.
The supportive trendline is at 1740 and there is another support zone at 1720. If conditions are in favor of bulls then we will see a rise from the support area.
This channel is 70% bearish, which means ETh will break this downside but there is no clear sign of breaking this channel towards downside yet.
Don't forget to hit the like button and follow to stay connected
ETHusdt is inside the channel and it's already showing signs of weakness. The pattern at the peak of the channel shows that it can fall back to the support.
We can expect the ETH price to dip below 1750.
The supportive trendline is at 1740 and there is another support zone at 1720. If conditions are in favor of bulls then we will see a rise from the support area.
This channel is 70% bearish, which means ETh will break this downside but there is no clear sign of breaking this channel towards downside yet.
Don't forget to hit the like button and follow to stay connected
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