ETH : the bears are in control

#ETH/USD TA Update:-

$ETH is currently trading at $1847

The support since January 15th has a lot of difficulty to hold

Now. ETH is below the 200MA and EMA in the daily chart
4h chart : RSI < 0 and he could go out of the descending channel (rejected around 2020)

What next ? It seems to stay on the half part of the descending channel, so maybe a support around 1750$. If not, it could go to 1500$.

Targets:- 1750$ - 1500$ - 790$

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