Home Ethereum Technical  Analysis: ETH/USD looking for some love and support from the vital near-term ascending trend line
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Ethereum Technical  Analysis: ETH/USD looking for some love and support from the vital near-term ascending trend line

  • Ethereum price on Wednesday further cooled, nursing losses just shy of 1%.  
  • ETH/USD likely to seek some support from ascending trend line, that has been running since 12th September.  

 

 

ETH/USD 60-minute chart  


 

Spot rate:                    207.12

Relative change:        -0.85%

High:                           215.83

Low:                            203.31

 

Trend:                         Neutral/Bearish

 

Support 1:                   205.38,  50MA (60-minute).  

Support    2:                  200.95,  ascending trend line.  

Support    3:                  194.66, low area 17-18 September,  

Resistance 1:              212.57, 100MA (60-minute).  

Resistance 2:             218.90, supply zone.  

Resistance 3:             227.70, 15 September high.  

 

 

 

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