Ethereum/usd- more potential falling expected

Hi, cryptocurrency lover guys i am going to give an sound price action analysis on Eth/usd. As price has broken strong support at 763.52 and now it is heading towards 499.78 an another major support. price may bounce off from 499.78 or break the level which will depend on strong candlestick pattern . until going to that level strong selling pressure will prevail as price has gone under 200 ma on h4 chart and macd histograms are down.

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