#ethereum #eth price is now testing very very important resistance zone now and this also the bearish retest if #ethusd fails to leap over 3500 usd. 4 months ago, #ethusdt breakdown the 3 years of trendline, heavily dumped below 1400 usd and bounced. Now, 
ETH is testing this 3 years of trendline resistance zone + weekly ichimoku cloud.
Therefore ETH price has no other chance to at least reclaim 3450 - 3500 usd. True bullrun requires a new ATH. Heavy declination at current zone will not be tasty. This week' s close will determine the things i think.
Not financial advice.
ETH is testing this 3 years of trendline resistance zone + weekly ichimoku cloud. Therefore ETH price has no other chance to at least reclaim 3450 - 3500 usd. True bullrun requires a new ATH. Heavy declination at current zone will not be tasty. This week' s close will determine the things i think.
Not financial advice.
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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.