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BTC/USD by TradingView Ethereum (ETH)

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#1
The TD sequential indicator also presented a quasi-sell signal on Ethereum’s 1-day chart. Although the bearish signal was given on Jan. 11, it has yet to be confirmed by a red two candlestick trading below a preceding red one candle. ETH’s inability to close below $142 in the past three days suggests that this is a significant support level.

ETH/USD by TradingView
Currently, Ethereum is sitting on top of the 78.6 percent Fibonacci retracement level as well as the 50-day moving average. Both of these levels are preventing this crypto from a further retracement.
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