This is ETHs Most Important Level to Watch This Week - BitcoinEthereumNews.com
EthereumThis is ETHs Most Important Level to Watch This Week05 / 01 / 2022Balita ng Ethereum ng Bitcoin April was a bloody month for crypto, and especially for Ethereum. The ETH price fell from its months highest level at $3580 to $2700 last night. Can we expect May to perform better? Teknikal na Pagsusuri ng Teknikal na Pagsusuri Ni Kulay-abo Ang Pang-araw-araw na Tsart The following chart shows perpetuals exchange data from FTX. ETH is trading on top of the marked long-term ascending line (in green). This trend line has provided support to the price since January 2021, based on the previous five attempts. ETH saw a bullish leg following each of these attempts. Currently, ETH is heading towards the sixth attempt on top of the line, along with the blue horizontal level, which intersects with the dynamic trend line at $2,500. A breakdown could be catastrophic for ETH. One thing to note is that buyer takers are less dominant, as evident by looking at data from Binance. Past uptrends have been accompanied by increased buyer dominance, which is marked on the chart below in yellow. Unfortunately, there is no positive signal now. Mga Pangunahing Mga Antas ng Suporta: $2800 , $2500 , $2300 Mga Antas ng Paglaban sa Key: