ETHUSD STILL BEARISH BELOW $98.00
Ethereum is attempting to recover higher in early-week trade, after crashing towards the $80.00 support level. It is worth noting that the third largest cryptocurrency by market capitalization has yet to reach the full downside projection of the bearish head and shoulders pattern. Only a sustained move above the $98.00 resistance level can negate immediate selling pressures on the ETHUSD pair.
The ETHUSD pair is strongly bearish while trading below the $98.00, further losses towards the $80.00 and $75.00 levels still remains possible.
If the ETHUSD pair moves above the $98.00 level, further upside towards the $106.00 and $123.00 resistance levels seems possible.
The ETHUSD pair is strongly bearish while trading below the $98.00, further losses towards the $80.00 and $75.00 levels still remains possible.
If the ETHUSD pair moves above the $98.00 level, further upside towards the $106.00 and $123.00 resistance levels seems possible.
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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.