ETH/USD 1DAY UPDATE BY CRYPTO SANDERS !!
Hello, welcome to this ETH /USD 1DAY chart update by CRYPTOSANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:-Ethereum (ETH), which rose above $1,600 on Wednesday, was also in the red in today’s session, falling towards a five-day low.
Following a high of $1,602.11 on hump day, ETH/USD dropped to a bottom of $1,509.42 earlier today.
As a result of the move, ETH fell to its lowest point since Saturday, when prices hit a floor of $1,449.
From the chart, ETH’s price strength has also hit a support level, with the RSI currently hovering close to a floor of 70.00.
Should momentum continue to trend downwards, the next signal will be that of the 10-day (red) moving average, which for now remains upward-facing.
Providing this occurs, ethereum sellers will likely be targeting a move near the $1,350 mark.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
Thank you
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:-Ethereum (ETH), which rose above $1,600 on Wednesday, was also in the red in today’s session, falling towards a five-day low.
Following a high of $1,602.11 on hump day, ETH/USD dropped to a bottom of $1,509.42 earlier today.
As a result of the move, ETH fell to its lowest point since Saturday, when prices hit a floor of $1,449.
From the chart, ETH’s price strength has also hit a support level, with the RSI currently hovering close to a floor of 70.00.
Should momentum continue to trend downwards, the next signal will be that of the 10-day (red) moving average, which for now remains upward-facing.
Providing this occurs, ethereum sellers will likely be targeting a move near the $1,350 mark.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
Thank you
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.