EthereumUpdated ETH APPEARS TO WANT TO GO DOWN
SYMBOL: ETHUSD
RESISTANCE: FIB 78.6 (729.80)
SUPPORT: FIB 61.8 (651.14) SPIKE LOW / RANGING IN MID-CHANNEL AT 695
PATTERN: LARGE BEAR FLAG SIMILAR TO PREVIOUS PATTERN WHEN BROKE DOWN 03/06/18
NEXT SUPPORT: FIB 50 (595.89) / WOULD HAVE TO PIERCE 50 AND 200MA
MA: 50 ABOVE 200 AND CLIMBING BUT COULD TURN
MACD: WEAK UNDER TREND
RSI: 51.9
CCI: -49
TREND EXPECTATION: PROBABLY BREAK DOWN TO FIB 50 (595.89) AREA AS XBTUSD FALLS.
ENTRY: TREND MUST BREAK ABOVE FIB 78.6 (729.80). NO ENTRY AT THIS TIME.
***THIS IS NOT ADVICE FOR YOU. DO YOUR OWN DUE DILIGENCE.***
RESISTANCE: FIB 78.6 (729.80)
SUPPORT: FIB 61.8 (651.14) SPIKE LOW / RANGING IN MID-CHANNEL AT 695
PATTERN: LARGE BEAR FLAG SIMILAR TO PREVIOUS PATTERN WHEN BROKE DOWN 03/06/18
NEXT SUPPORT: FIB 50 (595.89) / WOULD HAVE TO PIERCE 50 AND 200MA
MA: 50 ABOVE 200 AND CLIMBING BUT COULD TURN
MACD: WEAK UNDER TREND
RSI: 51.9
CCI: -49
TREND EXPECTATION: PROBABLY BREAK DOWN TO FIB 50 (595.89) AREA AS XBTUSD FALLS.
ENTRY: TREND MUST BREAK ABOVE FIB 78.6 (729.80). NO ENTRY AT THIS TIME.
***THIS IS NOT ADVICE FOR YOU. DO YOUR OWN DUE DILIGENCE.***
Note
Possibly support at 669 as well before FIB 50 (595.89)
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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.