$ETH closed the week at 2,131, below the 50 week moving average near 2,304 that rejected it, with price now sitting on the 2,050 support and the rising trendline from 2022 near 1,620 as the major structure below.
A weekly reclaim of the 50 week MA near 2,304 would be the first sign of strength, opening the door toward 2,450. Lose 2,050 and the move extends toward 1,900 to 1,740, with the trendline near 1,620 as the major support. #ETH
A weekly reclaim of the 50 week MA near 2,304 would be the first sign of strength, opening the door toward 2,450. Lose 2,050 and the move extends toward 1,900 to 1,740, with the trendline near 1,620 as the major support. #ETH
