REDATOR Ben Graham Posted January 23 REDATOR Report Share Posted January 23 [Ethereum] With a Death Cross condition between EMA(50) and EMA(200), and despite RSI(14) still being in the Neutral-Bullish level, Ethereum seems likely to continue its bearish bias toward the nearest support level. Key Levels1. Resistance. 2 : 3100.962. Resistance. 1 : 3021.413. Pivot : 2962.084. Support. 1 : 2882.535. Support. 2 : 2823.20Tactical ScenarioPressure Zone: If the price breaks down below 2,962.08, there is potential seller pressure to push Ethereum toward 2,882.53.Momentum Extension Bias: If 2,882.53 is broken to the downside, Ethereum could test 2,823.20. Level Invalidation / Bias RevisionThe downside bias is restrained if the price stabilizes above the resistance. Technical SummaryEMA(50) : 2964.18EMA(200): 3048.32RSI(14) : 52.32Economic News Release Agenda:Tonight the United States will release the following economic data:US - Flash Manufacturing PMI - 21:45 WIBUS - Flash Services PMI - 21:45 WIBUS - Revised UoM Consumer Sentiment - 22:00 WIBUS - Revised UoM Inflation Expectations - 22:00 WIBUS - CB Leading Index m/m - TentativeThe material has been provided by InstaForex Company - www.instaforex.com Visitante_e621f239, Visitante_96b944ab, Visitante_af1b8ba4 and 4 others 1 2 1 1 1 1 1 Perfect! Thanks! Love it! Haha Confused :/ Oush! Wow! Liked! × 💬 Did you like this content? Your feedback is very important! Liked! Perfect! Thanks! Love it! Haha Confused :/ Oush! Wow! Quote Link to comment Share on other sites More sharing options...
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