The crypto has assumed the bullish call, after breaking out a resistance zone, and is target the next price resistance level. There are tendencies that the coin will even go higher to the next major price barrier area.
Supply levels: $302, $324, $363
Demand levels: $273, $259, $225
ETHUSD Trends: Bullish
ETHUSD bullish trend is second to none, the coin determined to smash the next price resistance level of $324 or the major level of $363. Noteworthy is the price barrier level of $363, because once upon a time the area has been tested before. So a re-test will be significant for game-changing.
The 14 and 50 Exponential Moving Averages are on bullish riddance, while the MACD Indicator is yet to give a go ahead on the bullish call.
ETHBTC Market Analysis: Bearish
ETHBTC bearish drive is has taken a new dimension after breaking a key price barrier area, the crypto has inadvertently stepped in for lower low target, after a series of trials within the key area.
From the 4-hour it obvious that the 14 and 50 Exponential Moving Averages are crossed for a bearish indication, also the MACD Indicator has followed suit.
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