Ethereum (ETH) nursing losses of around 0.5%, through the mid-point of the session on Wednesday. ETH/USD price action has formed a bearish pennant pattern, subject to a potential extended move lower. It appears there is much in the way of barriers for a reclaim of the $200 mark again. A firm break of $195.00 for ETH/USD could open the door to a fresh wave of selling pressure. ETH/USD 60-minute chart Spot rate: 195.26 Relative change: -0.46% High: 197.41 Low: 194.45 Trend: Bearish Support 1: 195.00, lower part pennant pattern. Support 2: 194.61, 30 October low area & daily pivot point support. Support 3: 193.05, daily pivot point support. Resistance 1: 195.70, upper part of pennant & 50MA (60-minute). Resistance 2: 197.31, resistance (60-minute). Resistance 3: 198.97, daily pivot point resistance. 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 EUR/USD: 3 levels below 1.13 as the breakdown looks close Yohay Elam 4 years Ethereum (ETH) nursing losses of around 0.5%, through the mid-point of the session on Wednesday. ETH/USD price action has formed a bearish pennant pattern, subject to a potential extended move lower. It appears there is much in the way of barriers for a reclaim of the $200 mark again. A firm break of $195.00 for ETH/USD could open the door to a fresh wave of selling pressure. ETH/USD 60-minute chart Spot rate: 195.26 Relative change: -0.46% High: … 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.
