The ETHUSD weekly chart is still down trending, albeit selling volumes are dropping as prices fall. It is coming to a decision point soon as the MACD signal is about to cross into bear territory, and yet the histograms are suggesting that there is an underlying support.
The Daily chart gives a better picture as recent months have seen ETHUSD trapped in a descending triangle pattern, and is near to triangle support. With TD Sequential, there appears to be a buy zone, off a TDST (white support line) about 1760.
Wait for it... we may get a higher low, or a spike down to pull back up quickly with volume incoming.
The Daily chart gives a better picture as recent months have seen ETHUSD trapped in a descending triangle pattern, and is near to triangle support. With TD Sequential, there appears to be a buy zone, off a TDST (white support line) about 1760.
Wait for it... we may get a higher low, or a spike down to pull back up quickly with volume incoming.
