FX.co ★ sandra75 | #Ethereum chart analysis
#Ethereum chart analysis
#Ethereum H4 The asset's quotes have currently moved above the resistance at 2414.50 and the quotes are also now trading above the moving average. That is, at the moment the bulls have the advantage here and, accordingly, the upward direction may continue. A prospect for this direction is the resistance at 2549.60 and we'll assess it based on testing there. A move of the quotes back below the level 2414.50 and a consolidation of the quotes below that level would, of course, in that situation be a southward move toward the support at 2314.86. All the best to everyone.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade