ETHUSD - 1D Chart Analysis
Like Bitcoin, Ethereum also started a slight recovery process after it had a 100$ drop between the 2nd and the 12th of September.
What we could see in the meantime is a short term bullish channel with a peak at 256$ after which the price had a 40$ correction, creating a support level at the price of 210$.
As for Bitcoin, the RSI has a neutral position while the MACD and the Stochastic are indicating that the price may continue to increase for short term.
The 2 possible scenarios are :
1. As long as the price will continue to be higher than the Pivot (225$), the first target which can be considered is 249$
2. If the price will drop below the Pivot's value (225$), the first target is 210$ (Support Level 1)
What we could see in the meantime is a short term bullish channel with a peak at 256$ after which the price had a 40$ correction, creating a support level at the price of 210$.
As for Bitcoin, the RSI has a neutral position while the MACD and the Stochastic are indicating that the price may continue to increase for short term.
The 2 possible scenarios are :
1. As long as the price will continue to be higher than the Pivot (225$), the first target which can be considered is 249$
2. If the price will drop below the Pivot's value (225$), the first target is 210$ (Support Level 1)
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.