Ethereum crawls upwards– Analysis - 16-04-2018

Economies.com
2018-04-16 03:57AM UTC

Ethereum price provides calm positive trading to continue approaching our waited target at 565.54, noting that this level represents key resistance to the short term trades, as breaching it will extend the price gains to reach 600.00 as a next station, while its stability represents negative factor that will push the price to resume the bearish trend again.

 

In general, we will continue to suggest the bullish trend in the upcoming sessions unless breaking 465.00 level and holding below it.

 

Expected trading range for today is between 465.00 support and 565.00 resistance

Expected trend for today: Bullish

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