ETHEREUM ANALYSIS 15M
As we said in the previous analysis, we expected the price chart to break through the strong support zone of $1110 and continue its decline,
which we saw happen. After this price drop, a descending triangle pattern is formed given that it is a kind of two-way pattern and we can expect any reaction from the market and if it can break the resistance range of $1091, we will expect to climb up to the range of 0.382 and 0.5 Fibonacci, otherwise we will have this trend with the breaking of the support range of $1081 We will see a drop to the $1035 range.
Resistance range: 1099 - 1110 - 1119
Support range: 1065-1049-1035
GOODLUCK
SANAM
which we saw happen. After this price drop, a descending triangle pattern is formed given that it is a kind of two-way pattern and we can expect any reaction from the market and if it can break the resistance range of $1091, we will expect to climb up to the range of 0.382 and 0.5 Fibonacci, otherwise we will have this trend with the breaking of the support range of $1081 We will see a drop to the $1035 range.
Resistance range: 1099 - 1110 - 1119
Support range: 1065-1049-1035
GOODLUCK
SANAM