OctaFX_Official

ETHUSD STRONGLY BEARISH BELOW $440

BITFINEX:ETHUSD   Ethereum
Ethereum has fallen back towards the $440 support level in Tuesday trading, with the second most popular cryptocurrency looking increasingly weak. The ETHUSD pair was strongly rejected from the $460 level on Monday, as the early-week recovery faded. Sellers will now look to target the $395 support level, while buyers will aim to move price above the $460 resistance level.

The ETHUSD pair is strongly bearish while trading below the $440 level, key technical support below $440 Is located at the $415 and $395 levels.

If the ETHUSD pair moves back above the $460 level, buyers may test towards the $482 and $500 resistance levels.

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