ETHUSD CORRECTION EXPECTED TO CONTINUE
Ethereum remains in correction mode on Monday alongside the broader cryptocurrency market, with the second largest crypto now pressing against the $300.00 resistance level.
If we see buyers break the $310.00 and hold price above this key area, a larger corrective move towards $350.00 seems likely. The MACD indicator across the four-hour time frame also suggests a large directional move is about to take place.
The ETHUSD pair is bullish while trading below the $300.00 level, key technical resistance is located at the $310.00 and $350.00 levels.
If the ETHUSD pair fails to break the $300.00 level, price may fall towards the $283.00 and $270.00 support levels.
If we see buyers break the $310.00 and hold price above this key area, a larger corrective move towards $350.00 seems likely. The MACD indicator across the four-hour time frame also suggests a large directional move is about to take place.
The ETHUSD pair is bullish while trading below the $300.00 level, key technical resistance is located at the $310.00 and $350.00 levels.
If the ETHUSD pair fails to break the $300.00 level, price may fall towards the $283.00 and $270.00 support levels.
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.