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AndTH / USD Medium-term trend: variable
Resistance levels: $ 240, $ 260, $ 280
Support levels: $ 180, $ 160, $ 140
Yesterday, November 6th, the price of Ethereum had been of lateral tendency. Cryptography had been floating above the $ 200 level for some time. The price level of $ 200 had been the main support level of Ethereum. The price of Ethereum is in the uptrend zone and is making a bullish movement from its minimum of $ 207.
Traders should start long exchanges with the uptrend. So a stop loss should be placed below the $ 200 level. The price of the crypt should increase. Meanwhile, the MACD line and the signal line are above the zero line indicating a purchase signal. In addition, the price of Ethereum is higher than the 12-day EMA and the 26-day EMA which indicates that the price is in the uptrend zone.
Short-term trend ETH / USD: variable
In the 1 hour chart, the digital currency has a lateral tendency. The price of the crypt is higher than the 12-day EMA and the 26-day EMA which indicates that the price is in the uptrend zone. The MACD line and the signal line are above the zero line indicating a purchase 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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