ETH Bearish

in H4LAB Researchlast month

Daily view = bearish 📉

The daily uptrend is supporting the price, but it's never good to see prices lagging on it for many days.

Zooming on the weekly view, the correction downard could be stronger, and this level could be easely break

Within few days - weeks, we could see $ETH price on the 2700$,2600$ and finally on 2500$ support zone!

👉For now the trend is bearish, I don't see another strong bull reaction yet, especially regarding the possible $BTC crash toward 52 000$ 📉

Key levels to watch on:
2800 - 2630 - 2500 - 2400 $

Key resistances & invalidation zone:
3200$ - 3300$

IMG-20240510-WA0036.jpg

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