Ethereum price late on Wednesday was trading down with minor losses of some 0.50% in the second half. ETH/USD price action via the daily chart view is moving within a bearish pennant pattern. Near-term descending channel formation eyed via the 60-minute chart view. Spot rate: 133.24 Relative change: -0.55% High: 134.76 Low: 131.64 Trends: Daily SMA20: 137.8 Daily SMA50: 125.97 Daily SMA100: 122.89 Daily SMA200: 166.04 Levels: Previous Daily High: 136.51 Previous Daily Low: 129.2 Previous Weekly High: 141.86 Previous Weekly Low: 123.9 Previous Monthly High: 167.77 Previous Monthly Low: 101.12 Daily Fibonacci 38.2%: 133.72 Daily Fibonacci 61.8%: 131.99 Daily Pivot Point S1: 130.43 Daily Pivot Point S2: 126.16 Daily Pivot Point S3: 123.12 Daily Pivot Point R1: 137.75 Daily Pivot Point R2: 140.79 Daily Pivot Point R3: 145.06 ETH/USD 60-minute chart Price action moving within a descending channel formation via the 60-minute chart view. Bulls faced rejection at resistance by the upper acting trend line of the descending channel. ETH/USD daily chart ETH/USD remains within the confinements of a bearish pennant pattern formation. 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 Oil Technical Analysis: WTI hits $58.36 a barrel – Highest since November 2018 FX Street 4 years Ethereum price late on Wednesday was trading down with minor losses of some 0.50% in the second half. ETH/USD price action via the daily chart view is moving within a bearish pennant pattern. Near-term descending channel formation eyed via the 60-minute chart view. Spot rate: 133.24 Relative change: -0.55% High: 134.76 Low: 131.64 Trends: Daily SMA20: 137.8 … 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.
