fastprofittrader

Ethereum is on crossroad.

Short
BINANCE:ETHUSDT   Ethereum / TetherUS
Hi guys, let's look at the current situation for ETHUSDT on 4 hour price chart.

After breaking previous support at 1760 the price of ETH didn't recover much and continued it's fall up to next support at 1660, which I indicated in my previous review.
After such a big price drop now we see that ETH price recovered all its losses. The previous support now became a resistance and it will be interesting to see where price goes next.
I personally think that price will go to test support at 1660, just at a slower pace. But it also can break 1780 resistance and go above 1800.
What you think about ETH price? Leave comments below.

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