ETH/USD Rising Wedge, Volume remain low
Weakness detected in recent ETH/USD recovery from recent 2018 low as price increase not supported by significant volume increase. Rising wedge formation on ETH/USD chart or parallel upward channel. Either way a break of 1,000 psychological support level will open ETH to fall lower to next support zone.
Here are key price levels for ETH/USD:
R2 - 1240
R1 - 1160 (61.8 pct fibo)
S1 - 1078
S2 - 1000
Here are key price levels for ETH/USD:
R2 - 1240
R1 - 1160 (61.8 pct fibo)
S1 - 1078
S2 - 1000
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