Today, May 17, Ethereum (ETH) has been in a downward movement since May 12. The biggest altcoin faces rejection at $3,600 as Ether fell to $3,200 low.
Ethereum hosszú távú elemzés: Bullish
The bulls bought the dips as the altcoin resumed upward. Buyers are making a second attempt to retest the $3,600 resistance. In the first attempt, the bulls were repelled as price fell to $3,200 low. Today, the altcoin is making an upward move to retest the $3,600 resistance.
A break above the resistance will catapult the coin to retest the $3,900 high. The bullish momentum will extend to retest the overhead resistance at $4,400 high. Conversely, if the bulls fail to break the $3,600 resistance, the bears will take advantage to push altcoin downward.
On the downside, if the bears break the $3,200 support, Ethereum will further decline to a low of either $3,000 or $2,800. In the meantime, Ether is fluctuating between $3,200 and $3,600 at the writing.
Ethereum indikátor elemzés
On the daily chart, Ether price fell and found support above the 21-day SMA and the bullish trend line. The altcoin will resume downward if the bears break below the bullish trend line. Ether is at level 54 of the Relative Strength Index period 14. It indicates that the market is in the bullish trend zone and possibly can rise.
Műszaki mutatók:
Fő ellenállási szintek: 4,000 és 4,500 dollár
Fő támogatási szintek - 2.500 és 2,000 dollár
Mi a következő irány az Ethereum számára?
Ethereum is in a downward move. The downtrend is reaching bearish exhaustion. On May 16 downtrend; a retraced candle body tested the 61.8% Fibonacci retracement level. This retracement indicates that Ether will fall to level 1.618 Fibonacci extension or the low of $3,305.38. From the price action, Ether fell to the Fibonacci level and pulled back. The uptrend will resume if the current support holds.
Jogi nyilatkozat. Ez az elemzés és előrejelzés a szerző személyes véleménye, és nem ajánlás a kriptovaluta adásvételére, és nem szabad a CoinIdol jóváhagyásaként tekinteni rá. Az olvasóknak kutatásuk előtt meg kell tenniük az alapokat.
