Eth short position
Hi everyone
Ethereum analysis in one hour time frame
Ethereum is trading in a range.
The downward trend line was not completely broken and the price could not recover the 1900 range, and with the help of Fibonacci, there is a possibility of breaking the 1870 support, and the next support limit is in the 1820 area.
Also, according to last night's analysis regarding Bitcoin and the correlation between Bitcoin and Ethereum, it increases the probability of Ethereum falling.
Share your opinion about this analysis with me.
Good luck.
Ethereum analysis in one hour time frame
Ethereum is trading in a range.
The downward trend line was not completely broken and the price could not recover the 1900 range, and with the help of Fibonacci, there is a possibility of breaking the 1870 support, and the next support limit is in the 1820 area.
Also, according to last night's analysis regarding Bitcoin and the correlation between Bitcoin and Ethereum, it increases the probability of Ethereum falling.
Share your opinion about this analysis with me.
Good luck.
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