ETHUSD SET FOR BEARISH MONTHLY CLOSE
Ethereum continues to drift lower in early Friday trade, with the second largest cryptocurrency by market capitalization approaching the lower-end of its recent range.
The ETHUSD pair remains strongly bearish while trading below the $290.00 level and continues to trade inside a bearish head and shoulders pattern. Ethereum also looks set to close the month of August with a trading loss of over thirty percent.
The ETHUSD pair is strongly bearish while trading below the $260.00 level, further losses towards the $250.00 and $240.00 levels appears likely.
If the ETHUSD pair moves above the $290.00 level, buyers will likely test towards the $300.00 and $312.00 resistance levels.
The ETHUSD pair remains strongly bearish while trading below the $290.00 level and continues to trade inside a bearish head and shoulders pattern. Ethereum also looks set to close the month of August with a trading loss of over thirty percent.
The ETHUSD pair is strongly bearish while trading below the $260.00 level, further losses towards the $250.00 and $240.00 levels appears likely.
If the ETHUSD pair moves above the $290.00 level, buyers will likely test towards the $300.00 and $312.00 resistance 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.