ETH update

in cryptocurrency •  7 years ago  (edited)

Yesterday ETH had a false break up and I was quite surprised as I expect the correction to last until about the middle of December.

ETH currently sits on 89 WMA on 4H chart which provides the last strong short-term support. As it happens 4H 89WMA coincides with a short-term downside trigger line @ $449 wich I expect eventually to give up for the ETH to continue to lower $400 area.

https://www.mql5.com/en/charts/7993637/ethusd-h4-simplefx-ltd

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thanks for the update. I was wondering why it is still going down

Any new update for eth? Thanks