🎥 Cryptocurrency Market Overview | 11.01.2022

in hive-196037 •  3 years ago  (edited)


Hello, dear Blockchain people!

Today, I analyzed the price chart of Ethereum (ETH/USD) in detail, by using Technical and Candlestick analysis in different time frames.

Also, I showed some important technical patterns and candlestick formations in the key time frames.

Enjoy watching the video and, please, comment!


A few words about me:

Just to let you know: I've been working professionally as a currency analyst for the last 15 and a half years and as a cryptocurrency analyst for the last 4 and a half years.


Important!

Keep in mind, that the thoughts expressed here are my own, and they should not be regarded as recommendations for any cryptocurrency trades, investments and etc.


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Ethereum Price Analysis

4 hours MACD – The MACD for ETH/USD is slowly gaining momentum in the bullish zone.

4 hours RSI (Relative Strength Index) – The RSI for ETH/USD is now below the 50 level.

Key Support Levels – $3,040, followed by the $3,000 zone.

Key Resistance$ Levels – $3,150 and $3,400

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Ok! Thank you. I will have a look at it.