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ETHUSD Retreats Below 50-day SMA But Sideways Pattern Holds

ETHUSD Retreats Below 50-day SMA But Sideways Pattern Holds
ETHUSD (Ethereum) had been trending higher since the beginning of the year, peaking at a fresh 11-month high of 2,142 before experiencing a significant downside correction. Since then, the digital coin has been rangebound, but the short-term picture deteriorated after the price dived beneath its 50-day simple moving average (SMA). The momentum indicators currently suggest […] The post ETHUSD Retreats Below 50-day SMA But Sideways Pattern Holds appeared first on Action Forex... Read More
Posted: May 11 2023, 12:15
Author Name: actionforex
Views: 102114

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