The famous analyst points out the following:
- There is a key bearish trend line with resistance around $ 1,070 on the hourly chart of ETH / USD
- Negative of trading well below the 100 hour simple moving average
- The pair must rise above $ 1,120 and the 100 hourly SMA to start a new rally.
The analyst suggests caution for the possibility of a fall. What do you think about it.
- There is a key bearish trend line with resistance around $ 1,070 on the hourly chart of ETH / USD
- Negative of trading well below the 100 hour simple moving average
- The pair must rise above $ 1,120 and the 100 hourly SMA to start a new rally.
The analyst suggests caution for the possibility of a fall. What do you think about it.