Rozpocznij
Ethereum
Short

Ethereum has broken ascending support, potential for bearishness

Od ICmarkets
Broker
We were watching our ascending support line really closely yesterday and price has finally broken below it. This is usually a sign for a potential change in momentum to bearish. Our 1st major resistance is at 907 which is a pullback resistance level. Our next major support is at 778 which is a 50% Fibonacci retracement and a strong horizontal swing low support.

What is interesting it our RSI breaking below 46% which was previously holding up prices really well, this could be interpreted as potential for bearishness.
Bitcoin (Cryptocurrency)bitcoinlongBTCUSDChart PatternsCryptocurrencyehtereiumETHUSDethusdideaethusdlongethusdshortHarmonic PatternsTrend Analysis
ICmarkets
Broker
IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.
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