BITFINEX:ETHUSD   Ethereum / U.S. Dollar
- Ethereum is currently in a downside correction move. Price recently has been trading within a descending structure.

- The price is in a consolidation area and are currently trading at 790, which directly coincides with a horizontal support zone .

- If price can find support here at this level and find some upside as I would expect to hit the highlight of the sidebar key resistance line at 930.

- If the price break through key resistance area , it will more likely continue the bullish trend .

Comments

looks like broke key support and attempting rising trendline @tradewonk
+1 Reply
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