Daily analysis (TA) :ETH Make A Big Downside What's Next?? ⤴️⤵️

in hive-108451 •  4 years ago 

Daily analysis (TA) :Ethereum Make A Big Downside What's Next?? ⤴️⤵️

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ETH extended his rally above and 1900$ - 1930$-1970$ Before make this big downside and hit his support levels1930$ - 1900$ - 1870$ But ETH bounce at the important support level 1835$ and scale to hit the resistance levels forming near 1870$
The resistance line is forming near 1900$ level, if ETH submit this resistance it will be able to scale into 1930$ -- 1970$ -- 2000$ Resistance Levels.
If ETH hit the support level1800$ might lead the price towards 1735$ important support level.

Hourly MACD – The MACD is in the bearish zone.

Hourly RSI (Relative Strength Index) – The RSI for ETH/USD is Above The 30 level.

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