OctaFX_Official

ETHUSD bearish below $158.00

BITFINEX:ETHUSD   Ethereum
Ethereum is under downside pressure on Tuesday, with the second largest cryptocurrency by market capitalization trading towards the $150.00 level. The ETHUSD pair has a bearish intraday bias while trading below the $158.00 and could weaken below the important $145.00 level. The daily time frame is currently showing that critical weekly support for the ETHUSD pair is located at the $130.00 level.

The ETHUSD pair is bearish while trading below the $158.00 level, key support is found at the $145.00 and $130.00 levels.
If the ETHUSD pair trades above the $158.00 level, key resistance is found at the $170.00 and $185.00 levels.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.