ETH/USD update

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ETH has reached its volatility implied low and should be bouncing from here. If it manages to overcome resistance of 13 and 89 days WMAs (blue and brown respectively) and close above $289 on the daily basis it will continue to a minimum of $337.

Otherwise, rejection by any of the main WMA's will imply another test of 34 weeks WMA (white dotted) currently $224

https://www.mql5.com/en/charts/7654814/ethusd-d1-fxopen-investments-inc

ETH/USD update | Ecency