Market Analysis of September 16, 2019 – 4C-Trading
The MACD is slightly increasing while showing signs of curvature. The ICC is slightly down. The WaveTrends is slightly bullish but also shows signs of curvature and soon seems to cross downward.
Over a 4-hour horizon, the MACD and WaveTrends are both down while the CCI is slightly up. The technical situation is also rather negative.
We recommend waiting to see if the weekly will serve as support or resistance.
ETH closed on a bullish trend. It is around $190 and its daily technical situation is positive.
The MACD, CCI and WaveTrends are all on the rise.
On a 4-hour horizon, the MACD and the Wavetrends are both still on the rise, the latter indicator crossed upward. The ICC is slightly down. The technical situation remains positive.
The weekly open seems to be used as a support for the moment.
- The supports of the day are at 178$ — 168$
- The resistances of the day are at 195$ — 205$
We advise you to wait for the confirmation of the weekly open as a support for ETH and to wait for clarification from the BTC management.
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Published at Mon, 16 Sep 2019 10:30:19 +0000
Bitcoin Pic Of The Moment
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By trendingtopics on 2019-03-31 08:00:30
