Analysis Editor's Picks

ETH / USD: technical analysis of the course, March 13-14, 2019

In the market of ethereum, high risks of cryptocurrency quotes collapse to a key price support level of $ 125.90.

Four-hour chart pair ETH / USD

In the course of current trades on ethereum, the parties did not show any particular activity that could affect the price’s exit from a narrow horizontal channel with the main borders of $ 132.40 and $ 130.80.

The only testing of the resistance of sales at the level of the weekly pivot $ 132.40 confirms the readiness of bears to a sharp increase in sales volumes of ethereum.

March 13 ETHUSD H4
March 13 ETHUSD H4

At the time of the market review, ETH / USD is listed at $ 131.00. As of March 11, the moving average EMA100 with the current value of $ 133.50 puts pressure on the pair quotes. In force forecast for the reduction of ethereum, which we gave in the previous market review.


Related posts

The Crypto Market Is Dyed Red, Is It Time to Buy or Sell?

Jai Hamid

Theta Network – What do You Know About This Project?


Ethirium Course: Market News Analysis, March 2, 2019