Ethereum is still failing to attract buying interest above the $200.00 level, leaving a further drop towards the $160.00 level increasingly likely. A bearish head and shoulders pattern has formed on the lower time frames which shows a potential fall in the ETHUSD pair. Overall, the $200.00 to $180.00 price range is critical for the direction of the second-largest...
after the hidden bearish divergence from obv, Bearish divergence in MACD and RSI with price action few days ago.
it's seems it's now forming a double top.
let see if the price action can hold 200 and 50 ema (green and purple line) as if will continue the bullish growth of...
. ZCOIN/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 50.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue.
. There is a possibility of...
BCH / USD
1) Nice triple bottom setup.
2) Price has broken multiperiod high spanning since inception for the first time with good volumes.
3) Post breakout price has retraced to previous resistance which should ideally act as a support
ETH on a verge of a major upwards break. RSI is oversold, and a slow accumulation at prices 1525-1555. Also noting, a major dump upcoming for BTC, a majority of that liquidity could be expected to move into ETH.