ETH beware of the price falling!
In the one-hour chart, ETH has a top pattern at the resistance price of 1677.60, the high point gradually decreases, and it has tested the support price of 1610.25 several times.
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If the closing price of ETH falls below 1610.25, focus on the following targets:
1588.45
1566.60
1546.20
1546.20
1522.15 (POC of the consolidation pattern)
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If ETH is effectively supported at 1610.15, and the closing price is higher than 1681.00, there is a chance to challenge the upper resistance trend line.
Follow the price above:
1731.35~1751.75
1733.60
1795.40
1866.15
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-
If the closing price of ETH falls below 1610.25, focus on the following targets:
1588.45
1566.60
1546.20
1546.20
1522.15 (POC of the consolidation pattern)
-
If ETH is effectively supported at 1610.15, and the closing price is higher than 1681.00, there is a chance to challenge the upper resistance trend line.
Follow the price above:
1731.35~1751.75
1733.60
1795.40
1866.15
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