Hi welcome to this update on ETH.
As we see on the 1-day chart ETH is moving slowly from the support level that i gave in my last analysis (dashed in blue).
Also it pushed slightly above the pink trendline wich i expected that we will hit this trendline or otherwise pull up a little bit more, thats happens.
BTC is confirming the 0.786 retracement now as support, the next level would be the 0.618 wich witch we will testing.
Please have a look on the RSI it is already really oversold! witch means we are likely to go up from here!
Also the MACD is slowly forming a bullish cross.
Have luck with your trades!
As we see on the 1-day chart ETH is moving slowly from the support level that i gave in my last analysis (dashed in blue).
Also it pushed slightly above the pink trendline wich i expected that we will hit this trendline or otherwise pull up a little bit more, thats happens.
BTC is confirming the 0.786 retracement now as support, the next level would be the 0.618 wich witch we will testing.
Please have a look on the RSI it is already really oversold! witch means we are likely to go up from here!
Also the MACD is slowly forming a bullish cross.
Have luck with your trades!
Note
Looking at the 50 EMA to touch and find support. 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.