ETCUSD TECHNICAL ANALYSIS ON H4 TIMEFRAME
Publish Date : 2019/10/30 - 04:54

ETCUSD TECHNICAL ANALYSIS ON H4 TIMEFRAME


Ethereum
is in the middle of a downtrend as it cruises inside a descending channel on the 4-hour time frame. Price might be in for a few gains, though, as it crossed the mid-channel area of interest and is setting its sights on the channel resistance around $200.


Stochastic is also pointing up, but the oscillator is already approaching the overbought zone to signal exhaustion among bulls. The moving averages are merely oscillating to reflect consolidation.

Sorce:babypips

close Menu
SignIn SignUp
Signals
Forex & Stock