#ETH/USDT
ETH broke down the support zone and now is inside this zone maybe to confirm it as resistance!

🐻 high probability is breaking down from ascending trend line will drop price to lower trend line and support zone around $1250.

🐮 but if bulls surprise us and going to stay above the current zone, ETH will have another leg up toward the resistance zone around 2k.
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#ETH/USDT
#update

ETH broke down from ascending trend line.

🐻 so seems more drop (as I mentioned in the last analysis) to touch the lower trend line and maybe support zone around $1250.

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ETHEthereum (Cryptocurrency)ethereumanalysisETHUSDTSupport and ResistancesupportandresistancezonesTrend AnalysisTrend LinesTrend Line Break

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