The price action has reacted to the R1 pivot resistance
Ethereum rallied yesterday, breaking the daily pivot completely and turning this level into temporary daily support up to the resistances it had been marked for.
The price action has reacted to the R1 pivot resistance, and this level continues to have a positive reaction. For today, the resistance that we can consider is in the range of 1727 to 1735 dollars, and the second resistance range is considered in the price of 1788 to 1800 dollars.
The second resistance level can have a stronger reaction. Also, if this support is broken, the following support range is considered at the price of 1620 to 1630 dollars.
The bottom side of the triangle pattern is very important.
The price action has reacted to the R1 pivot resistance, and this level continues to have a positive reaction. For today, the resistance that we can consider is in the range of 1727 to 1735 dollars, and the second resistance range is considered in the price of 1788 to 1800 dollars.
The second resistance level can have a stronger reaction. Also, if this support is broken, the following support range is considered at the price of 1620 to 1630 dollars.
The bottom side of the triangle pattern is very important.
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