More from Minds Crypto

If anyone isn't already on the Crypto.com network, you need to get on it before you miss the train! https://crypto.com/app/75kgatbsnw (By signing up for the Crypto.com Exchange via a referral link from an existing user; you will receive up to USD $50 worth of CRO as a sign-up bonus, credited to your CRO Spot Wallet!)

1.26k views ·
Ethereum (ETH/USD) extended recent weakness early in today’s Asian session as the pair depreciated to the 2227.97 level after trading as high as the 2279 area during the European session, with the interday high representing a test of the 50-hour simple moving average. Traders observe ETH/USD traded as low as the 2170 area during yesterday’s Asian session, just above the recent low of 2125.12. One range that many traders are monitoring is the depreciating range from 2950 to 1728, with the 2194.80 and 2339 levels representing the 38.2% and 50% retracement levels. Stops were recently elected above the 2553.11 and 2565.21 levels during the move higher, representing the 50% retracements of the depreciating ranges from 2873.35 to 2257.07, and 2849.15 to 2257.07. Potential technical support levels during pullbacks include the 2178, 2005, 1979, 1783, and 1725 levels. https://cryptodaily.co.uk/2021/06/eth-usd-encounters-resistance-at-2279-sally-ho-technical-analysis-20-june-2021-eth-ethereum
5 views ·

More from Minds Crypto

If anyone isn't already on the Crypto.com network, you need to get on it before you miss the train! https://crypto.com/app/75kgatbsnw (By signing up for the Crypto.com Exchange via a referral link from an existing user; you will receive up to USD $50 worth of CRO as a sign-up bonus, credited to your CRO Spot Wallet!)

1.26k views ·
Ethereum (ETH/USD) extended recent weakness early in today’s Asian session as the pair depreciated to the 2227.97 level after trading as high as the 2279 area during the European session, with the interday high representing a test of the 50-hour simple moving average. Traders observe ETH/USD traded as low as the 2170 area during yesterday’s Asian session, just above the recent low of 2125.12. One range that many traders are monitoring is the depreciating range from 2950 to 1728, with the 2194.80 and 2339 levels representing the 38.2% and 50% retracement levels. Stops were recently elected above the 2553.11 and 2565.21 levels during the move higher, representing the 50% retracements of the depreciating ranges from 2873.35 to 2257.07, and 2849.15 to 2257.07. Potential technical support levels during pullbacks include the 2178, 2005, 1979, 1783, and 1725 levels. https://cryptodaily.co.uk/2021/06/eth-usd-encounters-resistance-at-2279-sally-ho-technical-analysis-20-june-2021-eth-ethereum
5 views ·
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