Faibik

ETH/USD | Still in Downtrend..!!

Long
BITFINEX:ETHUSD   Ethereum
ETH/USD (Ethereum)


Just like BTCUSD, Ether is Also Moving inside the Descending Channel (Downtrend) in Daily TF Chart.

Recently Tested the Lower Channel Line & Now Bouncing up Towards the Key Resistance (144), Just like BITCOIN.

It's Decreasing the Volume since 25th June Top & Now I Think It's Time For Reversal..(Major Indicators (MACD & RSI) Are Also Turning Bullish)

Now If Key Resistance Broken in Coming Days Then ETHER Will be Back in Uptrend & It Might Test (195) Resistance.

In 3D & Weekly Chart, It's Forming Bullish Wedge Pattern as well ..






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