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/ Ultima / 2018/09 / Ethereum-ETH-price-analysis-september-27 /
Price analysis of Ethereum (ETH) – 27 September
Ethereum ETH-money-analysis-Sept-27
- The medium and short outlook is consolidating.
- Operators should be patient during this period of consolidation.
TradingView Ethereum Chart
Medium-term trend in the price of Ethereum: variable
Supply zones: $ 400, $ 450, $ 500
Application areas: $ 150, $ 100, $ 50
ETH continues in the medium-term perspective. The formation of a downward railway at $ 221.83 in the supply area brought bears back to the market. ETH fell by $ 209.96 in the demand area.
The stochastic oscillator is a and its signal is pointing upward. This implies a surge towards the top of the price.
The cryptocurrency is in the consolidation trade between $ 222.44 in the upper supply area and $ 203.31 in the lower demand area of the segment. Traders must be patient and allow a break in the upper refueling area or failure in the lower area to occur before taking a position.
Short-term trend in the price of Ethereum: variable
TradingView Ethereum Chart
ETH remains in consolidation in its short-term prospects. The bullish momentum in the range pushed the price up to $ 223.00 in the refueling area before the bears brought a return and pushed the ETH back.
$ 212.55 was the initial minimum of ETH towards the end of yesterday. The 1-hour downward spark at $ 215.51 sustained bear pressure by making a minimum of $ 209.96 as it continues to vary.
ETH varies and trades between $ 223.90 in the upper supply area and $ 206.25 in the lower demand area of the segment. Patience must be exercised during this period for a breakout or break before taking a position.
The opinions and opinions expressed here do not reflect that of CryptoGlobe.com and do not constitute financial advice. Always do your research.
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