Crypto-currency market: ethereum remains in a downtrend

The ETH/USD pair remains in the general downtrend despite the correction from the start of the year. The upper limit of which is located at the levels: 165.000 and 175.000. Deals for sale should be considered on the formation of a reversal and return under the level of 150.00-140.000, which will indicate the resumption of the general downtrend and open the way to support levels: 115.00 and 100.000. Updating the upper limit of the channel calls into question the possibility of a decline.

ETH/USD chart. Current price – 151.000

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Dani Leviant

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