ETH Technically 16-9-21

in #ethlast month

Ethereum also retested the 3520 support towards midday. The price is currently rebounding back to 3617. The upside was further breached, but the trend did not break the 4700 line, so we continue to wait for a callback or break positions and enter more orders. Looking at the short term hourly chart, each moving average maintains an inverted posture, and the short term price has a tendency to stabilize at the 3600 line