There is a technical pattern on the 1-hour chart that could be bullish. Ethereum didnt lose as much in value as BTC in the latest sell off. ETH/USD has a failure swing on the RSI marked by the red lines on the chart. This is when the price makes a higher low but the indicate makes a lower low wave. During the sell off when BTC/USD dropped below 10k, ETH/USD managed to hold up well. There is also a massive support level to keep an eye on at 175.00. This also matches up with a low volume node on the volume profile on the left hand side. This can indicate support in some instances. The RSI has not hit the oversold level yet so there could be slightly more downside momentum to come but a rejection looks like it is taking place. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next Wall Street ends mixed, DJIA notches a fifth consecutive high FX Street 4 years There is a technical pattern on the 1-hour chart that could be bullish. Ethereum didnt lose as much in value as BTC in the latest sell off. ETH/USD has a failure swing on the RSI marked by the red lines on the chart. This is when the price makes a higher low but the indicate makes a lower low wave. During the sell off when BTC/USD dropped below 10k, ETH/USD managed to hold up well. There is also a massive support level to keep an eye on at 175.00. This also matches up with a low volume node on the… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
