Welcome to this quick chart analysis, if you find this helpful hit the like button and share your views in the comment section.
ETH currently forming a RISING CHANNEL PATTERN and trading on a support zone.
ETH needs to sustain this level and move upside towards the price level of $1200.
Here ETH also getting support from the black MA.
Candle close below the support zone or the lower trend line will lead ETH towards its lower levels which is $890.
Let’s see how ETH performs in the upcoming hours.
NOTE: This is not financial advice This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR OWN RESEARCH BEFORE MAKING ANY TRADES.
Thank you.