The tight range keeps dominating Ethereum price trades, which hovers around the bearish channel’s resistance, thus, no change to the bearish trend scenario that depends on the price stability below 189.90, while our next main target is located at 149.10.
The expected trading range for today is between 160.00 support and 190.00 resistance
The expected trend for today: Bearish
Bitcoin price provided positive trading to test the intraday bearish channel’s resistance that appears on the chart, and the EMA50 meets this resistance to add more strength to it, while stochastic reaches the overbought areas.
MoreThe USDCHF pair shows calm positive trades to crawl gradually towards our waited target at 0.9990, thus, the bullish trend scenario will remain valid and active in the upcoming sessions, supported by the EMA50, reminding you that it is important to hold above 0.9836 to continue the expected rise.
MoreThe NZDUSD pair opens today’s trading with new positive trades to approach our first waited target at 0.6470, getting positive signals through stochastic and the EMA50, which supports the chances of breaching the mentioned level and open the way to extend the bullish wave on the short term basis, as the next target reaches 0.6530.
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