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ETHUSD holding below descending trendline! | 25th Aug 2020

By admin_mrketsIn ForexPosted August 25, 2020
ETHUSD holding below descending trendline! | 25th Aug 2020 for FX:ETHUSD by FXCM


ETHUSD holding below descending trendline! | 25th Aug 2020

Etherium/U.S. Dollar FX:ETHUSD
FXCM



ETH currently testing descending trendline resistance.
A break below 387.15 should confirm further drop towards take profit and recent swing low level at 366.
Technical indicators are bearish as well.

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ETHUSD holding below descending trendline! | 25th Aug 2020

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