FX.co ★ sandra75 | #Ethereum chart analysis

#Ethereum H4 Murrey levels At the moment the asset's quotes are trading near support at 6/8 and the moving average rather supports the downward direction than opposes it. Therefore prices may move to test this support and could very well break it. In that case they will head to 5/8 and from there will head northward. From the current position a northward direction is a prospect, but only once there is a move above both the moving average and above the resistance at 7/8. In this case they may continue to rise up to the resistance at 8/8 and even above to +1/8. All the best.