ETHUSD has broken out of purple trendline cleanly and we can see a rise in volume too. People are selling it. Yellow trendline is still holding.
Price has bounced off Pitchfork resistance and is trading below 100MA and 200MA on H2. We may expect price to head lower to blue rectangular area possibly.
(This is not a trade call)
Price has bounced off Pitchfork resistance and is trading below 100MA and 200MA on H2. We may expect price to head lower to blue rectangular area possibly.
(This is not a trade call)
Comment:
If you have entered, you would have caught $300 drop in Ethereum price