empty
 
 
23.01.2024 05:42 PM
Trading Signals for ETH/USD on January 23-26, 2024: buy above $2,220 or if rebounds at $2,166 (oversold - 6/8 Murray)

This image is no longer relevant

Early in the American session, ETH/USD (Ether) is trading around 2,220.17 with a strongly bearish bias. However, closing around strong support located at 6/8 Murray (2,187) is expected to put a stop to the decline in this area.

If this support (6/8 Murray) is broken in the next few hours, we anticipate the last weekly support at around 2,167. This level was reached on January 7. It may likely serve as a key point that could give the token a strong technical rebound.

If Ether bounces above 6/8 Murray at 2,187, this could be seen as an opportunity to buy because the eagle indicator reached an extremely oversold zone on January 23. Therefore, a bounce is imminent in the next few days.

On the other hand, if Ether closes below 2,165, we reckon that in the next few hours, the price could reach 5/8 Murray around 2,031 and could even accelerate its bearish movement. Finally, the instrument could reach the psychological level of $2,000.

Summary
Urgency
Analytic
Dimitrios Zappas
Start trade
Gana con los cambios en el valor de las criptomonedas con InstaForex.
Descarga MetaTrader 4 y abre tu primera operación.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    UNIRSE AL CONCURSO
  • Depósito al azar
    ¡Haga un depósito en su cuenta de $3,000 y obtenga $6000 más!
    ¡En Diciembre, sorteamos $6000 dentro de la campaña Depósito afortunado!
    Obtenga la oportunidad de ganar depositando $3,000 en una cuenta de operaciones. Tras haber cumplido esta condición, se convertirá en un participante de la campaña.
    UNIRSE AL CONCURSO
  • Opere de forma inteligente, gane un dispositivo
    Recargue su cuenta con al menos $500, regístrese en el concurso y tenga la oportunidad de ganar dispositivos móviles.
    UNIRSE AL CONCURSO
  • 30% de bonificación
    Reciba un bono del 30% cada vez que recargue su cuenta
    OBTENER BONO

Recommended Stories

¿No puede hablar ahora mismo?
Ingrese su pregunta en el chat.
Widget callback