ETH fails again to cross past the barrier. Downside stares at the bulls. Ethereum the second largest cryptocurrency by market capitalisation failed to cross past the descending trendline resistance on the medium term chart which yet again proves that the crypto has a long way before it bottoms out. ETH/USD trading flat on day at $203.32 and in less than half a percent range for the day. On the 240-minute chart of the crypto, the bulls have not been able to cross this descending trendline on the 240-minute chart which has been a tough nut to crack for a while now. As reported by this author in previous articles (read here and here) Ethereum has a long way to go down the hill before the bottoming out process can even take place. ETH/USD 240-minute chart: 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 JPY: ‘The Land Of The Rising Sun’ For JPY; A M-Term Buy Into 2019 – CIBC Yohay Elam 4 years ETH fails again to cross past the barrier. Downside stares at the bulls. Ethereum the second largest cryptocurrency by market capitalisation failed to cross past the descending trendline resistance on the medium term chart which yet again proves that the crypto has a long way before it bottoms out. ETH/USD trading flat on day at $203.32 and in less than half a percent range for the day. On the 240-minute chart of the crypto, the bulls have not been able to cross this descending trendline on the 240-minute chart which has been a tough nut to crack for a while… 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.
