ETHUSD bearish below $160.00
Ethereum is under selling pressure on Friday after bulls failed to move the second largest cryptocurrency above the $185.00 resistance level. A bearish double-top pattern has formed on the four-hour time frame, which is adding to intraday technical selling pressure on the ETHUSD pair. The ETHUSD pair could start to slip towards its 200-day moving average if price falls below the $160.00 level.
If the ETHUSD pair trade below the $160.00 level, key support is found at the $152.00 and $140.00 levels.
If ETHUSD bulls hold price above the $160.00 level, key resistance is found at the $185.00 and $200.00 levels.
If the ETHUSD pair trade below the $160.00 level, key support is found at the $152.00 and $140.00 levels.
If ETHUSD bulls hold price above the $160.00 level, key resistance is found at the $185.00 and $200.00 levels.
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Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.