Ethereum under psychological $200

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Hello, Traders!
Monfex is at your service and today we overview ETH/USD.

Ethereum in the ascending channel and triangle under the resistance zone. MA50 - like resistance, MA100 & MA200 - supports.
ETH/USD also has a bullish divergence by RSI.
By breakout of the support line is expected to decline to the support zone.
By breakout of the resistance zone is expected further increase to $220.

  • The resistance zone ~ $200
  • The local resistance zone ~ $189
  • The support zone ~$160
  • The local support zone ~ $180
  • Market Cap
    $19 998 429 711 USD
  • Volume (24h)
    $9 258 899 448 USD
  • Circulating Supply
    108 370 492 ETH


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Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
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