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ETHEREUM Downtrend ?
ETHEREUM price action (PA) closed bellow EMA 21,50,100, 200 periods, Downtrend. Closed bellow white support trend line.
Rejection at EMA100 (178.25$). Potential bearish continuation. Retest support at 168$.
Volume: decreased.
Indicators: MACD bearish crossover in neutral zone. RSI bellow 50 points. Bearish sign.
S/R: Major Support 152.5$ Support 168$, Resistance 178.5$, Major Resistance 185.5$.
Disclaimer: THIS IS NOT FINANCIAL ADVICE. All the information shared here is for learning and entertainment purposes only.
Rejection at EMA100 (178.25$). Potential bearish continuation. Retest support at 168$.
Volume: decreased.
Indicators: MACD bearish crossover in neutral zone. RSI bellow 50 points. Bearish sign.
S/R: Major Support 152.5$ Support 168$, Resistance 178.5$, Major Resistance 185.5$.
Disclaimer: THIS IS NOT FINANCIAL ADVICE. All the information shared here is for learning and entertainment purposes only.
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