Ethereum price traded negatively yesterday to approach from our waited target at 149.10, affected by the previously completed head and shoulders pattern, which has negative targets that surpass the mentioned level to reach 135.50.
Therefore, we wait for more of the downside moves in the upcoming sessions, pointing that holding below 168.50 represents the initial condition for the continuation of the expected decline.
The expected trading range for today is between 149.10 support and 168.50 resistance
The expected trend for today: Bearish