@partiko,Ethiram prise analysis /usd
There was above the $230 level in ETH price against the US Dollar. The ETH/USD pair remained in a bearish zone and it extended declines. It broke the last swing low near $209 and extended slides. Sellers even managed to push the price below the $200 and $190 levels. More importantly, the price is now trading well below the $230 resistance and the 100 simple moving average (4-hours).
Recently, the price broke a consolidating pattern with support at $225. It opened the doors for more losses and the price traded to a new monthly low at $185. It seems like sellers remain in full control and the price could decline further. On the upside, the 23.6% Fib retracement level of the last decline from the $287 high to $185 low is at $209. Moreover, there is a major bearish trend line formed with resistance at $205 on the 4-hours chart of ETH/USD. Therefore, if the pair corrects higher, it near the $200, $205 and $210 levels in the short term.
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Thank you so much @steemcleaners for your vote.
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Thank you so much @steemcleaners for your vote.
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https://www.newsbtc.com/2018/09/09/ethereum-price-weekly-analysis-eth-usd-remains-sell-on-rallies/
Thank you so much @chettafor your vote.
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