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Ethereum declines calmly – Analysis - 06-03-2018
Ethereum price shows calm negative trading to approach 821.06 level gradually, and the price needs to break this level to confirm extending the bearish wave towards 723.48.
The EMA50 continues to push negatively on the price to support the expectations to decline, which keeps the bearish trend scenario valid and active for the upcoming period conditioned by the price stability below 884.42.
Expected trading range for today is between 800.00 support and 880.00 resistance
Expected trend for today: Bearish
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Bitcoin within bullish channel – Analysis - 06-03-2018
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