Weekly analysis of Ethereum , ETHUSDT

As you can see, Atrium has set its price record for the past few days.

And now in this blog we want to predict the next move of Atrium price according to the formed patterns and support and resistance points.

As you can see in the ETHUSDT 4 hours chart, a head-and-shoulder pattern is formed, and there is a possibility that the Ethereum will fall as far as the distance from the neck to the head. According to the definition of the head and neck pattern.

If the head-neck pattern is implemented and the price drops as much as the head-to-neck, it is possible that the price will enter the second area, the orange area, and fall to about $ 2,600.

But because there is a resistance in $ 3,500, it is also possible that the price will have a return to its previous price.