Consolidation in the ETH/USD market
Ether is currently in a consolidation area.
The previous week massive sell out and following price drop shocked many investors.
The price has fallen nearly 70 USD down.
It was confirmed by a strong volume.
The sellers moved the price below the 30 EMA, what gives us a sign, that the Bears have the power in the market currently.
For now buyers and sellers agree in price. I guess it won´t last that long and probably we will see another price drop.
If you found this post helpful, like, comment, and subscribe!
Telegram Signals
t.me/NextLevelCrypto
The previous week massive sell out and following price drop shocked many investors.
The price has fallen nearly 70 USD down.
It was confirmed by a strong volume.
The sellers moved the price below the 30 EMA, what gives us a sign, that the Bears have the power in the market currently.
For now buyers and sellers agree in price. I guess it won´t last that long and probably we will see another price drop.
If you found this post helpful, like, comment, and subscribe!
Telegram Signals
t.me/NextLevelCrypto
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.