עטהערעום פּרייַז דראָפּס 6% און סיגנאַלז ריזיקירן פון טרענד ענדערונג אונטער דעם שטיצן

Ethereum started a downside correction below $1,600 against the US Dollar. ETH is down over 6% and remains at a risk of a drop below the $1,480 support.

• Ethereum is showing a few bearish signs below the $1,600 and $1,580 levels.
• די פּרייַז איז איצט טריידינג אונטער $ 1,600 און די 100 אַורלי פּשוט מאָווינג דורכשניטלעך.
• אויף אַ שעה טשאַרט פון ETH / USD (דאַטן קאָרמען דורך Kraken) עס איז אַ שליסל בעריש גאַנג ליניע פאָרמינג מיט קעגנשטעל לעבן 1,620 $.
• The pair could recover if it stays above the $1,500 and $1,480 support levels.

עטהערעום פּרייס טרימז גיינז

עטהערעום פּרייַז ניט אַנדערש צו קלאָר די $ 1,650 קעגנשטעל זאָנע. ETH corrected lower below the $1,620 and $1,600 level, similar to ביטקאָין. The decline gained pace below the 50% Fib retracement level of the upward move from the $1,480 swing low to $1,680 high.

The price declined over 6% in a day and traded below the $1,550 support zone. A low is formed near $1,518 and the price is now consolidating losses.

Ether price is now trading below $1,600 and the 100 hourly simple moving average. An immediate resistance is near the $1,555 level. It is near the 23.6% Fib retracement level of the recent decline from the $1,680 swing high to $1,518 low.

The next major resistance is near the $1,660 level. It is close to the 50% Fib retracement level of the recent decline from the $1,680 swing high to $1,518 low. There is also a key bearish trend line forming with resistance near $1,620 on the hourly chart of ETH/USD.

מקור: ETHUSD אויף TradingView.com

An upside break above the $1,620 resistance zone could start a fresh rally. In the stated case, the price may perhaps rise towards the $1,680 resistance.

מער לאָססעס אין ETH?

If ethereum fails to clear the $1,600 resistance, it could continue to move down. An initial support on the downside is near the $1,520 level or the recent low.

The next major support is near the $1,480 level. If there is a break below $1,480, the price might drop towards the $1,420 support. Any more losses might call for a test of the $1,350 zone.

טעכניש ינדאַקייטערז

Hourly MACD - די MACD פֿאַר ETH / USD איז איצט גיינינג מאָמענטום אין די בעריש זאָנע.

Hourly RSI - די RSI פֿאַר ETH / USD איז איצט אונטער די 50 מדרגה.

הויפּט שטיצן לעוועל - $ 1,480

הויפּט קעגנשטעל לעוועל - 1,600 $