YoCrypto

$ETHUSD- Ethereum Technical Analysis -Forming Upward Trends

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COINBASE:ETHUSD   以太坊
Hello Everyone!
we are back with another analysis to help you better in your trade strategies.
Today we are going to discuss the analysis of ETHEREUM.
So according to DMA's charts we can clearly see that that a strong upward
trend is forming in ETHUSD.
we have seen in the later last year that the 20 DMA line has been rejected
twice ,
But in the starting of the year 2020 the 20 DMA line has bounced back from
the lower levels and now it has crossed the main points that means it has
succesfully crossed the 50DMA line and 100 DMA line and now it is moving
upward to cross the 200 DMA line.

And apart from the DMA Chart the RSI indicator is also showing a bullishness
And also the LMACD is also showing strong support in the upward trends.

so we can clearly see an UPWARD TREND in ETHEREUM.

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