Levels to Watch: Ethereum Trend Analysis (9/10/2017)

Here are some important levels to watch when it comes down to Ethereum trend on 9/10/2017. The Ethereum chart of the day is provided daily so subscribe for more.

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Daily MACD – The MACD made a move lower to a reading of 2.56. Looks a little bearish here as sell orders moving higher.

Major Support Level – I’m watching for a catch of price soon no lower than $265-$270 where we should catch a heavy bounce. The previous pullbacks have built strong support below $200 so I think we will see a higher area low.

Major Resistance Level – Once price catches a bounce I think we could see it progressively move back up to $300. Never count cypto dead. I have been through so many of these pullbacks and each time people freak out.

ethereum trend analysis

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