H4 and D1 for $ETH are both trending downward. This is the context for reading price regression.
$ETH 's 24-hour movement: little change, with the current price at 2,336.38 USDT.
Support at 2,296.33 USDT: a D1 close below this level would confirm a loss of support.
On the closed daily candle, regression is sloping downward and is below the signal. This indicator alone isn't enough to conclude that the price trend has changed. Do you think the price will continue to fall or rebound?
$ETH 's 24-hour movement: little change, with the current price at 2,336.38 USDT.
Support at 2,296.33 USDT: a D1 close below this level would confirm a loss of support.
On the closed daily candle, regression is sloping downward and is below the signal. This indicator alone isn't enough to conclude that the price trend has changed. Do you think the price will continue to fall or rebound?
