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BitcoinSymphony
12 Th02 2018 13:12

ETHUSD resistance zone 

Ethereum / Tether USDPoloniex

Mô tả

The bias of the ETHUSD pair looks bullish, as the price still holds above the support angle the rebound from the 200 days EMA pattern remain valid.
Nonetheless, there is a strong resistance zone 900.0 - 1000.0 on the way up. This zone held a lot of fluctuations and volumes in the past.
We do not expect that the breakthrough of this zone will happen easily. Expect the lateral movement between 700.0 - 1000.0 levels in near-term.
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