Ethereum Threatening Break Down - cryptocurrency cryptotrading CryptoStrategies ETHUSD Ethereum project
Enter your emailNow the question is whether or not we could go down to the $2000 level?
With that being the case, it does make a certain amount of sense that we would see the markets favor the downside, because quite frankly Ethereum is considered to be a “risk asset.” The 200 day EMA sits at the top of the candlestick, so it looks as if the 200 day EMA is in fact trying to hold as resistance. If we break down below the hammer from the Monday session, that opens up a move much lower.
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