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AndTH / USD Medium-term trend: variable
Resistance levels: $ 240, $ 260, $ 280
Support levels: $ 210, $ 190, $ 170
Last week, the price of Ethereum was in an uptrend. On November 5, at the support level of $ 208, the price of the crypt reached a maximum of $ 225.12 in an uptrend. The digital currency faced resistance at the price of $ 220 and fell into a downward trend. Cryptography fell to a low of $ 210.98 and started a bullish movement. On November 9th, the crypt made another uptrend at most $ 217.45.
The bullish trend was reversed by a tombstone Doji candelabrum and the price fell to $ 210.55. The price of the crypto is currently in an uptrend and is likely to increase. The digital currency is higher than the 12-day EMA and the 26-day EMA indicates that the price is in the uptrend zone. Meanwhile, the MACD line and the signal line are above the zero line indicating a purchase signal. Traders should start long orders as the price is now in an uptrend in order to earn partial profits.
Short-term trend ETH / USD: variable
In the 1 hour chart, the digital currency has an uptrend. The price of the crypt is now higher than the 12-day EMA and the 26-day EMA indicates that the price is likely to rise. 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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