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AndTH / USD Medium-term trend: variable
- Resistance levels: $ 240, $ 250, $ 280
- Support levels: $ 150, $ 130, $ 110
Yesterday, on January 9th, the price of Ethereum was in the bearish trend zone. The price of the crypt had been trading above the price level of $ 150 in the last four days. Bears were assumed to have broken the $ 150 level since it was in the bearish trend zone.
Meanwhile, the price of the crypto is lower than the 12-day EMA and the 26-day EMA indicating that the price is likely to decline. In addition, the stochastic indicator is above 20%, indicating that Ethereum has a bullish moment and a buy signal. Meanwhile, the MACD line and the signal line are below the zero line indicating a sales signal.
Short-term trend ETH / USD: variable
In the 1 hour chart, the price of encryption is in the bearish trend zone. Today, a bullish candlestick broke above the EMA but the price has shrunk. The price of the crypto is lower than the 12-day EMA and the 26-day EMA which indicates that the price is likely to fall.
The Stochastic is outside the overbought region but above the 20% range indicates that Ethereum is in a bearish momentum and a sell signal. The MACD line and the signal line are below the zero line indicating a sales signal.
The opinions and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your research.
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