Fibonacci support levels manage to hold firm close to 170.00. Trendline support is also helping the ETH/USD price hold up. The Fibonacci levels on the four-hour ETH/USD have been respected well. The 0.236%, in particular, has been a key support zone on the chart. On the initial move higher stopped exactly at the golden ratio at 0.618% just under the 200.00 area. Where the price is currently there is a confluence of a trendline and potentially the 0.236%. The most important resistance point is now the 180.00 level which if broken could indicate some more upside momentum. 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 AUD/USD stays under pressure around 100-day EMA, eyes on RBA’s Kent’s speech FX Street 3 years Fibonacci support levels manage to hold firm close to 170.00. Trendline support is also helping the ETH/USD price hold up. The Fibonacci levels on the four-hour ETH/USD have been respected well. The 0.236%, in particular, has been a key support zone on the chart. On the initial move higher stopped exactly at the golden ratio at 0.618% just under the 200.00 area. Where the price is currently there is a confluence of a trendline and potentially the 0.236%. The most important resistance point is now the 180.00 level which if broken could indicate some more upside momentum. 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.
