TECH Sell 16.04.2024 12:23
ETH/USD: technical analysis
The ETH/USD pair has been declining for the sixth week in a row, adjusting to a long-term uptrend and holding in the area of 3089.07: over the weekend, amid the escalation of the situation in the Middle East, the price reached three-month lows, falling to the level of 2812.50 (50.0% Fibonacci retracement, Murrey level [1/8]), consolidation below which will lead to a decrease to the targets of 2500.00 (61.8% Fibonacci retracement, Murrey level [0/8]), 2187.50 (Murrey level [-1/8]), 1875.00 (Murrey level [-2/8]).
Indicators
Overall recommendation Buy
Overall recommendation Buy
Overall recommendation Sell
Overall recommendation Wait
Overall recommendation Wait
Overall recommendation Sell
Overall recommendation Wait