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Ethereum chart from the view of trading
AndTH / USD Medium-term trend: variable
Resistance levels: $ 200, $ 220, $ 240
Support levels: $ 180, $ 160, $ 140
Last week the price of the ETHUSD couple was in fashion. On October 29, the price of the crypt reached the oversold region and the bulls took control of the market. On October 30th, the Stochastic was above the 20-point mark indicating a purchase signal. On 4 November, the price of the crypt reached a maximum of $ 218.92, while in an uptrend.
Today, the Stochastic is approaching the range of 60, which means that the moment is increasing on the upside. However, the price of the crypto was rejected by the bears and the price fell to a minimum of $ 209. The price is now floating above the $ 200 level. Meanwhile, the price of Ethereum is higher than the EMA. 12 days and EMA 26 days, which indicates that the price is in the uptrend zone.
Short-term trend ETH / USD: variable
Ethereum chart from the view of trading
On the short-term trend, the price of Ethereum is in a lateral trend. The price of the encryption dropped to a minimum of $ 209.01 and started a movement with a range of action. Meanwhile, the 14th period of the Relative Strength index is at level 67, which indicates that the price is in the uptrend zone.
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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