ETH is now trying to break out the Down Trend line @ 181.22 usdt but it failed. This is a major resistant, once price closes above this down trend line ETH will test the resistant 2 @ 203 usdt, But it is not easy.
- I dont suggest a long position at the moment.
If ETHUSDT can not close above 181.22 it will drop and back test its Main Support at 165$ and if this level can not hold ETH will be in alerted situation to fall to 153$ or even 143$.
