photo 1:
bearish status; if Ethereum continues to stay below the EMA 100 and EMA 200 and breaks below the 0.5 Fibonacci level ($2,490): It might test lower levels, possibly down to the 0.236 Fibonacci level ($1,653).A prolonged move under the EMA 200 could signal deeper bearish trends, potentially targeting historical support zones around $1,200–$1,500.
keep an eye on support around the $2,000 zone and the price interaction with the EMA 200 for clues about Ethereum’s next move.
photo 2:
there is a channel pattern marked, with the price currently trading inside an ascending channel. This could be indicative of a short-term bullish reversal.
support zone = 2200-2240,
resistance zone = 2343-2367.
there are multiple pin bars or dojis around the key support zone (shaded purple area), signaling potential price reversals or indecision in the market.
