Ethereum/usd- more potential falling expected

in #ethereum7 years ago

Hi, cryptocurrency lover guys i am going to give an sound price action analysis on Eth/usd. As price has broken strong support at 763.52 and now it is heading towards 499.78 an another major support. price may bounce off from 499.78 or break the level whichScreenshot_2.png will depend on strong candlestick pattern . until going to that level strong selling pressure will prevail as price has gone under 200 ma on h4 chart and macd histograms are down.

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