ETHEREUM Technical Analysis & Trade Signals

ETHEREUM Technical Analysis

ETHEREUM  Price Technical Analysis: Weekly Chart

ETHEREUM Technical Analysis
  • In the weekly charts, ETHEREUM is trading in a downward channel.
  • ETHEREUM is near its crucial support of 20-days SMA. If it breaks this support, it will possibly test the 50-days SMA level.
  • ETHEREUM will follow a downtrend in the coming weeks.
  • ETHEREUM’s crucial resistance level is at 3,188.40 which is near 20 days SMA as of now. There are no signs of a bullish trend.
  • Bears have their tight grip on   ETHEREUM .

TRADE SIGNAL-ETHEREUM  SELL: 2,550.20, TARGET:-2,150.20, STOP LOSS:- 2,750.20.

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