OctaFX_Official

ETHUSD below critical support

BITFINEX:ETHUSD   Ethereum / U.S. Dollar
Ethereum is under downside pressure on Friday, with the second largest cryptocurrency falling below major weekly technical support. The ETHUSD pair has failed to gain bullish momentum this week and has so far found support from the $145.00 level. The bearish head and shoulders pattern on the four-hour time frame remains key, with the ETHUSD pair now trading below neckline support, at $155.00.

If the ETHUSD pair trade below the $155.00 level, key support found at the $145.00 and $125.00 levels.
If the ETHUSD pair trades above the $155.00 level, key resistance is found at the $165.00 and $179.00 levels.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out