HomeContributorsTechnical AnalysisETHUSD $1,000 Major Pivot

ETHUSD $1,000 Major Pivot

Ethereum maintains an upward tractor as bulls continue to hold the second-largest cryptocurrency above the $1,000 level. The prospect of further upside towards the $1,400 level remains possible as long bulls continue to defend the psychological $1,000 long. A sustained loss of the $1,000 support level could cause the ETHUSD pair to fall towards the $830.00 level.

The ETHUSD pair is only bullish while trading above the $1,000 level, key resistance is found at the $1,200 and the $1,400 levels.

If the ETHUSD pair trades below the $1,000, sellers may test the $940.00 and $830.00 support levels.

Octa
Octahttp://octaengine.com/c/?p=203&bt=gif&b=2369
Octa (formerly OctaFX) is an international broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and a variety of services already utilised by clients from 180 countries with more than 40 million trading accounts.

Featured Analysis

Learn Forex Trading