עטהערעום דיקליינז ביסלעכווייַז ווי עס קען צוציען בויערס אין נידעריקער לעוועלס

The price of Ethereum (ETH) is in a sideways trend as the largest altcoin consolidates above the $1,200 support. In recent price action, Ether has moved between $1,220 and $1,400.

Buyers managed to keep the price above the 21-day line SMA, but failed to break the resistance at $1,400. Today, Ether fell below the 21-day line SMA and resumed its consolidation above the support at $1,200 

ETH/USD is trading in a narrow range above $1,200 support but below the 21-day line SMA. The doji candlesticks, small indecisive candles, are responsible for the sideways movement. The appearance of the doji candlesticks indicates that buyers and sellers are undecided about the direction of the market. The bottom line is that a price recovery or breakdown is imminent.

עטהערעום גראדן אַנאַליסיס

Ether has declined and remains at the 42 level of the Relative Strength Index for the period 14. The cryptocurrency is trading marginally as it resumes its consolidation. The price bars are below the moving average lines as Ether consolidates. This means that there is a probability of a possible breakdown or recovery. Ether has fallen into the oversold territory in the lower time frame. This indicates that the coin has reached bearish exhaustion.

טעכניש ינדאַקייטערז:  

הויפּט רעסיסטאַנסע לעוועלס - $ 2,000 און $ 2,500

הויפּט סופּפּאָרט לעוועלס - $ 1,500 און $ 1,000

וואָס איז דער ווייַטער ריכטונג פֿאַר עטהערעום?

On the 4-hour chart, it is likely that Ether will continue to fall as it faces the rejection of the high at $1,300. In the downtrend from October 20, Ether has completed an upward correction and a candlestick has tested the 61.8% Fibonacci retracement level. The correction suggests that ETH will fall to the 1,618 Fibonacci extension level or $1,228.84.

אָפּלייקענונג. די אַנאַליסיס און די פאָרויסזאָגן זענען די פערזענלעכע מיינונגען פון די מחבר און זענען נישט אַ רעקאָממענדאַטיאָן צו קויפן אָדער פאַרקויפן קריפּטאָקוררענסי און זאָל ניט זיין וויוד דורך קאָינסידאָל. רידערז זאָל דורכפירן זייער פאָרשונג איידער ינוועסטינג געלט.