A bullish development, another one, taking place on the ETHUSD (Ethereum) chart.
Prices have gone above EMA50 and EMA100 on the 4h timerame.
Ethereum hasn't been trading above EMA100 since April 2022...
See the chart:
- As ETHUSD lost EMA100 as support, a very strong decline followed!
Now, when we look at the current price dynamics, we can see ETHUSD trading above this level after a rejection 26-June.
With this resistance level gone, we can expect a higher high in the days and weeks to come.
Ethereum, together with Bitcoin, Cardano and the rest of the Cryptocurrency market, will grow.
Namaste.
Prices have gone above EMA50 and EMA100 on the 4h timerame.
Ethereum hasn't been trading above EMA100 since April 2022...
See the chart:
- As ETHUSD lost EMA100 as support, a very strong decline followed!
Now, when we look at the current price dynamics, we can see ETHUSD trading above this level after a rejection 26-June.
With this resistance level gone, we can expect a higher high in the days and weeks to come.
Ethereum, together with Bitcoin, Cardano and the rest of the Cryptocurrency market, will grow.
Namaste.
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🚨 The difference between poor weak signals & PREMIUM trade-numbers lies in results. Stand apart from the crowd. #1 Since 2017. Join now 👉 t.me/lamatrades/4
🎯 LIFETIME Results: t.me/anandatrades/1183
(Click & Claim Your FREE Pizza! 🍕)
🎯 LIFETIME Results: t.me/anandatrades/1183
(Click & Claim Your FREE Pizza! 🍕)
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.