TA: Ethereum Consolidates Below $2K: What Could Trigger A Sharp Decline?

[AJBot]

Ethereum started a downside correction from the $2,000 resistance against the US Dollar. ETH is consolidating and might decline further towards $1,810. Ethereum started a downside correction below the $1,950 level. The price is now trading below $1,950 and the 100 hourly simple moving average. There was a break below a connecting bullish trend line with support near $1,925 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to decline if it stays below the $1,950 pivo ...

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