ETHUSDT looks like is at resistance, 2K seems to be the upper part of the new range.
Further reinforcing the bearish bias:
I don't think ETHUSDT has the strength to breakout of the 2K resistance and a fall down to the lower part of the range (1.4K) is most likely.
Further reinforcing the bearish bias:
- Below the 180 EMA
- Below the Ichimoku cloud
- A the end of a downtrend
I don't think ETHUSDT has the strength to breakout of the 2K resistance and a fall down to the lower part of the range (1.4K) is most likely.