ETHUSD is in the where it touches the line which is support right now therefore there can be a pull-back from that level. The next time there can come further oscillation sideways in the channel till there comes a definite direction of the trend to confirm.
ETHUSD Price Analysis: 1 D Chart
There is both
in which direction it confirms the trend. is sending neutral signs with a tendency to visit higher or lower levels
is sending neutral signs with a tendency to provide a or sign.
DAY’S RANGE: 227.31 — 247.04
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Sunil is a serial entrepreneur and has been working in blockchain and cryptocurrency space for 2 years now. Previously he co-founded Govt. of India supported startup InThinks and is currently Chief Editor at Coingape and CEO at SquadX, a fintech startup. He has published more than 100 articles on cryptocurrency and blockchain and has assisted a number of ICO’s in their success. He has co-designed blockchain development industrial training and has hosted many interviews in past. Follow him on Twitter at @sharmasunil8114 and reach out to him at sunil (at) coingape.com