26-06-2017
07:11 am
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Tag: ethereum trading

Ethereum Price Technical Analysis ETH USD

Ethereum Price Technical Analysis – ETH/USD Clears Major Support No Comments

Key Highlights ETH price came under further pressure and moved below a major support at $288 against the US Dollar. There is a crucial bearish trend line formed with resistance at $289 on the hourly chart of ETH/USD (data feed via SimpleFX). On the downside, the recent swing low at $250 might act as a support in the near term. Ethereum price continued to trade lower against the US Do...


Ethereum Price Weekly Analysis ETH USD

Ethereum Price Weekly Analysis – ETH/USD Short-term Bearish No Comments

Key Highlights ETH price is facing selling pressure and already moved below the $330 support against the US Dollar. The ETH/USD pair is currently attempting a downside break below a crucial triangle at $285 on the 4-hours chart (data feed via SimpleFX). A break below it could ignite further losses towards the $240 level in the near term. Ethereum price is short-term bearish against t...


Ethereum Price Technical Analysis ETH/USD

Ethereum Price Technical Analysis – ETH/USD Could Decline Further? No Comments

Key Highlights ETH price slowly recovered towards $320 against the US Dollar, but any major recovery seems very unlikely. There is a new short-term contracting triangle pattern with resistance at $320 forming n the hourly chart of ETH/USD (data feed via SimpleFX). There is a chance of another downside push towards the $300 handle as long as there is no close above $330. Ethereum pric...


Ethereum Price Technical Analysis ETH USD

Ethereum Price Technical Analysis – ETH/USD Break Down Real? No Comments

Key Highlights The ETH price short-term bearish bias got traction as it moved below the $335 support against the US Dollar. This week’s important contracting triangle pattern with support at $330-335 on the hourly chart of ETH/USD (data feed via SimpleFX) was clearly broken. The pair is currently correcting higher but may face sellers near 100 hourly simple moving average and $335. ...


Ethereum Price Technical Analysis ETH USD

Ethereum Price Technical Analysis – ETH/USD Short-term Bearish No Comments

Key Highlights The ETH price is struggling to clear a major resistance zone near $370 against the US Dollar. This week’s highlighted contracting triangle pattern with support at $335 on the hourly chart of ETH/USD (data feed via SimpleFX) is at risk of downside break. The pair is now trading below the 100 hourly simple moving average at $347, which is a bearish sign. Ethereum price...


Ethereum Price Technical Analysis ETH USD

Ethereum Price Technical Analysis – ETH/USD Approaching Break No Comments

Key Highlights The ETH price remained above the $340 and $335 support levels against the US Dollar. Yesterday’s highlighted contracting triangle pattern with support at $336 on the hourly chart of ETH/USD (data feed via SimpleFX) is still intact. The pair also succeeded in holding the 100 hourly simple moving average at $342. Ethereum price is trading nicely against the US Dollar a...


Ethereum Price Technical Analysis ETH USD

Ethereum Price Technical Analysis – ETH/USD Holding 100 SMA No Comments

Key Highlights After a move towards $375, ETH price started correcting lower against the US Dollar. There is a connecting bearish trend line with resistance at $370 formed on the hourly chart of ETH/USD (data feed via SimpleFX). The pair is holding an important support at $335 and the 100 hourly simple moving average. Ethereum price is holding key supports against the US Dollar and B...


Ethereum Price Weekly Analysis ETH USD

Ethereum Price Weekly Analysis – ETH/USD Eyeing Break above $400 No Comments

Key Highlights ETH price corrected lower this past week towards $255 against the US Dollar, but later it recovered very well. There is a crucial bullish trend line with support at $310 forming on the 4-hours chart of ETH/USD (data feed via SimpleFX). It looks like the price is about to retest $390 and may even attempt a break above $400. Ethereum price correction was a good thing aga...


Ethereum Price Technical Analysis ETH USD

Ethereum Price Technical Analysis – ETH/USD To Correct Further No Comments

Key Highlights There was a sharp decline in ETH price below $280 against the US Dollar before finding support at $256. There is a bearish trend line with resistance at $338 formed on the hourly chart of ETH/USD (data feed via SimpleFX). The pair may continue to correct lower as long as there is no close above the $350 level. Ethereum price correction looks real against the US Dollar ...


Ethereum Price Technical Analysis ETH USD

Ethereum Price Technical Analysis – ETH/USD Breaks Key Support No Comments

Key Highlights An increase in the bearish pressure ignited a downside break below $360 in ETH price against the US Dollar. There was a break below yesterday’s highlighted a cluster of bullish trend lines with supports at $360, $350 and $345 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair just managed to hold the $310 support area and currently attempting a recovery....


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