Ethereum price attacks the resistance – Analysis - 28-10-2019

Economies.com
2019-10-28 05:53AM UTC

Ethereum price provided clear positive trades in the previous two days to attempt to breach 189.90 level, but it keeps its stability below it until now, accompanied by stochastic approach to the overbought areas, waiting to motivate the price to resume the expected bearish trend for the upcoming period, which depends on the price stability below the mentioned level.

 

Our main waited target is located at 149.10, and breaking 117.40 will ease the mission of achieving it.

 

The expected trading range for today is between 160.00 support and 195.00 resistance

The expected trend for today: Bearish

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