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ETH/USD profit taking after two session chunky bulls run, out of steam for now

  • Ethereum value losses momentum on Friday, nursing losses over 2% within the session.
  • ETH/USD runs into issues inside $220 space, as bull run slows down, not too surpassing given the massive beneficial properties seen over two days. 

 

 

ETH/USD 60-minute chart 

 

Spot charge:                  206.61

Relative change:       -2.23%

Excessive:                          224.21

Low:                           202.95

 

Pattern:                        Bearish

 

Help 1:                  203.00, help on 60-minute chart..

Help  2:                 197.05, 50MA.

Help  three:                 192.20, 100MA.

Resistance 1:            208.65, resistance on 60-minute chart.

Resistance 2:            220.00, provide entrance. 

Resistance three:            224.21, 14th September excessive, taking pictures star.

 

About Tom Greenly

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