ENTUSD is undisputedly on the go for the north movement. Every conditionality required for the pair to take off for the uptrend has been met. It will be a comfortable ride when steering the bullish wheel s.
Technical Levels:
Supply levels: $0.060, $0.066, and $0.070
Demand levels: $0.050, $0.039, and $0.033
ETNUSD Trends: Bullish
The coin has been bullish for a while since torching the support area of $0.033. it has maintained its bullish status quo all the while, gallantly heading up to the resistance price area of $0.050 and breaking out of it. The price is sitting comfortably within this axis, pointing northwards to the price of $0.060.
From the chart, the price is above the 14 and 50 Exponential Moving Averages. And the MACD Histogram is also on the rise, thereby point out for a clear buy signal.
ENTBTC Market Analysis
The price has a steep bullish outlook, in a nutshell, is a flat market, it has been testing and re-testing the nearest resistant level. Thus any market decision will be to wait until the price goes above the resistance level.
The 4-Hours chart shows pinpoint the price, rolling on the 50 Exponential Moving average, with no market momentum. The MACD Histogram bars are out rightly. flat, showing low volatility and also a ranging market.
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