Levels to Watch: Ethereum Trend Analysis (9/15/2017)

Here are some important levels to watch when it comes down to Ethereum trend on 9/15/2017. The Ethereum chart of the day is provided daily so subscribe for more.

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Daily MACD – The MACD has steadily declined over the last few days but is reaching oversold conditions.

Major Support Level – This morning the $200 level seemed to catch a good bounce. However, the real test is holding above $188. You can see that as being the really long term trend line below.

Major Resistance Level – I’m starting to load up a little at a time in Eth. It may not prove to be right but I think price is cheap here. I’m looking for a larger up move soon once all the selling overheats.

ethereum trend analysis

 

 

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