ETHUSD Price analysis: Chances Of Pull Back As ETH Still In Channel With Price Oscillation

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ETHUSD Price Analysis

ETHUSD is in the parallel channel where it touches the line which is support right now therefore there can be a pull-back from that level. The next time there can come further oscillation sideways in the channel till there comes a definite direction of the trend to confirm.

ETHUSD Price Analysis: 1 D Chart

ETHUSD Price Analysis
ETHUSD Price Analysis

 

There is both support and resistance in the channel and it will be interesting
in which direction it confirms the trend. RSI

 is sending neutral signs with a tendency to visit higher or lower levels
MACD is sending neutral signs with a tendency to provide a bullish or bearish sign.

TREND: Sideways

EXPECTATION: Breakout

TREND AFTER EXPECTATION: Bullish , Bearish

PREV: 227.73

OPEN: 227.71

VOLUME: 60.743K

DAY’S RANGE: 227.31 — 247.04



Source: ETHUSD Price analysis: Chances Of Pull Back As ETH Still In Channel With Price Oscillation

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