As you can see, the price is moving in the orbit of an upward trend line, and after it failed to cross the resistance range of $1820, it was rejected and fell, and with some valid candles, it was able to break the support range of its upward trend line downwards. The bearish scenario is activated and if it can cross the red camo cloud range, we will see further fall to the 0.5 and 0.618 Fibonacci support ranges. To activate the bullish scenario, we need a high volume of purchases so that Ethereum can cross the resistance ranges of $1820 and $1923 with a Sharpie rise and see the price rise to higher targets.
Resistance range: 1820-1923-2003
Support range: 1587-1536-1453
Resistance range: 1820-1923-2003
Support range: 1587-1536-1453