Overview of ETHUSDT
Ethereum / TetherUS BINANCE:ETHUSDT
#ETHUSDT
Rally from 14 March until 28 March cannot be sustain after the next week candlestick close with Bearish Harami and followed by 4 week consecutive with bearish candle.
ETH also fail to breakout its major trendline and trading above it and rejected by the trendline.
Based on MACD , we also can say that movement will continue bearish as the death cross already occur below 0 value.
As long, ETH trade above 2300-2500, it will move sideway until there is a minor breakout above the temporary downtrend line, and breakout above 3586 to form new higher high to move higher.
Support levels
– 2560
– 2159
– 1700
Resistance levels
– 3580
– 4868 (ATH)
