OctaFX_Official

ETHUSD INDICATORS ATTEMPTING TO RECOVER

BITFINEX:ETHUSD   Ethereum / U.S. Dollar
Ethereum remains under downside pressure on Thursday, with the ETHUSD pair still struggling to move away from worst trading levels of 2018 so far. The MACD and Stochastic indicators are attempting to move away from extremely oversold conditions on the daily time frame, although bullish momentum remains weak. If the ETHUSD pair can establish a price floor, buyers may attempt to rally price towards the $122.00 resistance level .


If the ETHUSD pair moves above the $100.00 level, buying may attempt a recovery towards the $115.00 and $122.00 resistance levels.

A decline below the $80.00 support level will likely accelerate ETHUSD selling towards the $75.00 and $70.00 levels.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out