TradingView
CryptoTrooper_
Oct 3, 2017 9:48 PM

$ETH.X: Strong resistance around 100-day SMA 

Ether / United States DollarCoinbase

Description

While most cryptocurrencies have recovered since the recent South Korea ICO ban, Ethereum seems to be struggling behind. RSI is showing a lot of weak momentum compared to Julys correction. Along with this, the EMA's on the MACD, while on an upward slope, are struggling to regain much of that lost bullish movement. Also, massive resistance seems to be found around ETH's current price level directly below the 100-day SMA. Watch this one closely everyone!!!!
More