ETH/USD is currently consolidating in a flag formation. Price is trending below the green Ichimoku cloud. ETH/USD bears have gained a slight advantage for the second day in a row as the price fell from $217.70 to $216.55 in the early hours of Friday. The price is currently consolidating in a flag formation as ETH/USD gets ready for a potential breakout. The hourly price breakdown shows that the price fell to $213.15 before the bulls buoyed the price up to $217.65. Since then, the price has gone down to $216.55. ETH/USD daily chart The 20-day simple moving average (SMA 20) has taken a turn and is providing immediate market resistance. The price is trending below the green Ichimoku cloud, below the SMA 50 curve and above the SMA 200 curve. The Elliot oscillator shows ten straight bullish sessions. The moving average convergence/divergence (MACD) indicator shows four consecutive bullish sessions. 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 Peter Schiff regrets not buying Bitcoin (BTC) when it was $10 FX Street 4 years ETH/USD is currently consolidating in a flag formation. Price is trending below the green Ichimoku cloud. ETH/USD bears have gained a slight advantage for the second day in a row as the price fell from $217.70 to $216.55 in the early hours of Friday. The price is currently consolidating in a flag formation as ETH/USD gets ready for a potential breakout. The hourly price breakdown shows that the price fell to $213.15 before the bulls buoyed the price up to $217.65. Since then, the price has gone down to $216.55. ETH/USD daily chart The 20-day simple moving average (SMA 20)… 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.
