Ethereum starts to look good vs the U.S. Dollar (ETHUSD), its price is now facing resistance, let's see what the chart has to say.
A strong bounce is taking place today after 8 days of retrace, just a little over a week.
The trading volume is coming in for ETHUSD, but still average.
Here we have the ETHUSD daily timeframe chart fully mapped.
Conditions for change
The direction can still easily change. These signals are only confirmed at the end of the day (when the candle closes).
Thanks a lot for your support.
Namaste.
A strong bounce is taking place today after 8 days of retrace, just a little over a week.
The trading volume is coming in for ETHUSD, but still average.
- Prices easily moved to pass EMA10 (green) and EMA50 (magenta).
- Prices are now stuck below EMA100 (blue) and MA200 (black).
- If EMA100/MA200 can be conquered today, Ethereum is very likely to continue higher and hit $185 followed by $210+.
- If EMA100/MA200 rejects the growth as it happened in early April (yellow), we will test the different support levels, marked with blue dashed lines.
Here we have the ETHUSD daily timeframe chart fully mapped.
Conditions for change
The direction can still easily change. These signals are only confirmed at the end of the day (when the candle closes).
Thanks a lot for your support.
Namaste.
Trading Cryptocurrencies can be the hardest undertaking ever without the right trade-numbers, without accurate private-access information. Free is free, but the best always requires sweat, an investment. Since 2017 👇
t.me/masteranandatrades/8778
t.me/masteranandatrades/8778
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Trading Cryptocurrencies can be the hardest undertaking ever without the right trade-numbers, without accurate private-access information. Free is free, but the best always requires sweat, an investment. Since 2017 👇
t.me/masteranandatrades/8778
t.me/masteranandatrades/8778
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.