FX.co ★ #Ethereum chart analysis

Seller activity on #ETH yesterday was very high, and as a result of the decline they organized we were able without much difficulty to register a breakout of the calculated support level around 2380, while volumes during the decline and the breakout of that level were fairly high and gradually increased, which indicates growing entries of large bears into positions, and this in turn gives a good chance to see a continuation of the decline in the near term. Overall, I still prioritize selling, so for #ETH today I will be expecting a continuation of the decline that began yesterday in the second half of the trading day toward targets at the nearest calculated support level 2200, with a possible move below it.