Hello, community members welcome to another ETH/USDT chart update.
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As we can see from the above-mentioned chart that ETH was again unable to sustain the price level of $1800 and again got rejected from the upper resistance level.
In the current scenario ETH is trading on a mid-dotted trend line support of this parallel Chanel, still, 30 min remaining for a candle close if ETH closes on the support level then we can expect a bounce from that level.
Candle close below the mid support will lead ETH gain to its lowest levels at the lower trend line support which is $1600.
let's see how ETH performs in the upcoming hours.
NOTE: This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.