Ethereum on the weekly time frameEthereum / TetherUSBINANCE:ETHUSDTNavidBasatzadehEthereum is in a long-term descending channel. The only downside break is the uptrend line, which is not good news and will likely continue to fall unless the candlesticks break back above the trendline. If the decline continues, the candlesticks could reach the bottom of the channel in the $1,100 range or even the $900 range.