Usd false downside break
Ethusd forecast examining false downside break - ethnews.
Usdsek (4 hour) we have a false break with bearish divergence , if we get weak pullbacks i expect more downside. The men who fought the flames when iraqi troops set kuwaits oil wells on fire during the 1991 gulf war. There was a false break noted below a bullish trend line with support at 290 on the hourly chart of ethusd (data feed via simplefx).
Ethereum price technical analysis ethusd false downside.
Ethereum price started a downside correction against the us dollar and bitcoin, and now ethusd is consolidating below by vangjelovskiv. The value of ethereum tumbled below the 650 mark, but it seems like a false downside break. Ethereum price struggled to gain momentum against the us dollar and bitcoin.
Ether tumbled against the us dollar and bitcoin, but the price action in ethusd suggests it was a false break. Eth price declined sharply and broke a major support at 680 against the us dollar. Key highlights eth price corrected lower after trading as high as 313.
Ethereum price resistance there was a continuous selling interest above 680 in eth price against the us dollar. Ethusd tumbled below 650, but it looks like a false downside break.