Ethereum Bears Hesitate But Further Downsides Seem Likely

Ethereum price is moving lower below the $1,800 support against the US Dollar. ETH could accelerate lower toward the $1,650 support in the near term.Ethereum is currently moving lower from the $1,850 resistance zone.
The price is trading below $1,820 and the 100-hourly Simple Moving Average.
There is a major bearish trend line forming with resistance near $1,800 on the hourly chart of ETH/USD (data feed via Kraken).
The pair could start a decent increase if there is a move above the $1,800 and $