ETH/USDT ($1700 Good Support?)

💎Technical Analysis Summary💎


ETH/USDT


-Ethereum may have found support for the 3rd time around 1700 dollars
-The price has bounced up by almost 20% today which is a good sign
-If this mini upside move continue higher, the potential target is the resistance trendline
-Which is located just above the 2000 dollar market area
-But if ETH is unable to break that resistance line, it will just create another Lower High
-This indicates bearish price action, so please be cautious and watch the market carefully
-On the other hand, BTC may have stopped the drop temporarily today
-But we will have to observe in the coming days if BTC is able to hold or not
-Good luck and stay safe everyone!



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