Greetings 🤠 Everybody 😊;

I'm a financial and technical analyst for crypto market.

From today onward, I'll try my best to create multiple coins analysis reports for the multiple time frames as well with comparatively and efficiency of the coin/project. 

We have started our analysis journey with $BTC and now it's #Ethereum turn

#ethurum Technical Analysis Report 

The $Ethereum is currently hovering around $3050 to $3170, which isn't extremely not good for the running trend 📈 😞. Even, #ethurum have broke the $3200 level, but it need more than 4 hours resistance, which is currently looking not possible. Due to the excessive down at $2814, it actually, also potentially bleed it's worth and breaching now, as same as #BTC. The #ethurum is completely following technical indicators points and moving withing the range of pitchfork down limits, which means if $ETH TH behaved as same way for next 24 to 36 hours it maybe will stuck or get down again.

But, in other hands, if you could closely noticed well. $ETH have gained this position and hold for more than 3 days period possibly, which was half of a week about. Now, it's working time and #ethurum needs to break these levels for an assure move, otherwise, circumstances can happen according to stuck or volatile between $3000 Support and $3050 Resistance levels for next shorter time inside this weekend.

Further more, if the #ethurum resist as same level of $3050 to between $3100 to next 3 to 4 hours. It will break even more. Because, the 12 hours graph showing that lower high position which reflects falling position here.

This report is based on three of technical indicators, with different level identifications. 

List of indicators applied in this analysis are as follow;

1. Fibonacci Retracement

2. Gan Fan

3. Pitchfork (Inside)