TA: Ethereum Could Take Hit As The Bulls Show Weak Hands

[AJBot]

Ethereum extended losses below the $1,850 support against the US Dollar. ETH could decline further if there is a clear move below the $1,800 level. Ethereum started a fresh decline from the $1,950 resistance zone. The price is now trading below $1,900 and the 100 hourly simple moving average. There is a major bearish trend line forming with resistance near $1,920 on the hourly chart of ETH/USD (data feed via Kraken). The pair could gain bearish momentum if there is a clear move below the $1,800 ...

Continue reading the above news article, by clicking here.

Administration and Moderation NOTE: A Reminder, the above news is provided for free, through a RSS Feed. The above quote does NOT include the full story. In order to continue to read more past what is quoted, please click through to the article, by clicking on the link provided above through the "continue reading" text.

Please be sensible and follow our terms of service and rules, when replying and debating the news article.