BINANCE:ETHUSDT.P   Ethereum / TetherUS PERPETUAL CONTRACT


In this time frame yesterday, contrary to the rising pattern that was created, a high volume of sales entered the market and the price was able to break the support range of its rising trend line with strength and met with support in the 0.382 Fibonacci range and formed a bearish flag pattern
The data is a continuation pattern and it is possible that the price will fall to the 0.5 and 0.618 Fibonacci range.

Support target: 1229-1221-1211
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.