powered by Coinlib

2018-01-19

Ethereum Analysis


Ethereum is testing a support level right now at $1000. It struggles from 10 / 20-day EMA  and 50 percent Fibonacci retracement level of the recent fall from $1410 to $750 they behave as strong resistance.



If $1000 level can't hold we expect a good support level at $900 and then 50-day SMA at $805.

On the upwards, Ethereum needs to go above 10 / 20-day EMA to resume the uptrend.

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