Levels to Watch: Ethereum Trend Analysis (9/11/2017)

Here are some important levels to watch when it comes down to Ethereum trend on 9/11/2017. 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 1.088. There is some bearish pressure here.

Major Support Level – I will be looking for a move toward to $270. There should be a bounce of that area because it is a heavier area of support. Price has touched that area many times.

Major Resistance Level – The price after hitting that level should move to test the top part of the bands I drew below. Price seems like it will be in a range near term before starting an up move.

ethereum trend analysis

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