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Ethereum Tight Between Support & Resistance, Still Bullish
Ethereum
Ethereum Tight Between Support & Resistance, Still Bullish
By AlanSantana
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Nov 10, 2019
3
7
Nov 10, 2019
Ethereum (ETHUSD) is now trapped within two Exponential Moving Average (EMA) lines, that is EMA50 and EMA100.
On the chart above I've drawn the consolidation path (light blue) and the next target if ETHUSD breaks either to the upside or downside.
Thanks to the last strong bounce and the fact that ETHUSD is now trading above EMA10/50, we go in favor of the bulls.
So we can see ETHUSD consolidate sideways with bullish tendencies.
Thanks a lot for reading.
Namaste.
alanmasters
altcoins
Beyond Technical Analysis
binance
bittrex
crypto
ETH
Ethereum (Cryptocurrency)
ETHUSD
Technical Indicators
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AlanSantana
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