By analyzing the Ethereum chart on the weekly timeframe, we can see that after reaching the $3940 zone, ETH faced selling pressure and is now trading around $3540. If the price fails to hold the key $3500 support, a deeper decline is likely, with potential targets at $3040 first and possibly $2680 as the second bearish target.
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Best Regards , Arman Shaban
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
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⚜️ Free Telegram Channel : t.me/PriceAction_ICT
⚜️ JOIN THE VIP : t.me/PriceAction_ICT/5946
⚜️ Contact Me : t.me/ArmanShabanTrading
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.