Ethereum price awaits the breach – Analysis - 13-02-2019

Ethereum price begins testing the neckline of the inverted head and shoulders’ pattern that appears on the chart, getting positive signals through stochastic and the EMA50, which supports the chances of breaching the neckline at 127.00 and open the way to achieve our positive targets that start at 137.24 and extend to 154.00 followed by 170.76.

Therefore, we will keep our bullish overview unless breaking 116.50 level and holding below it.

The expected trading range for today is between 116.00 support and 137.24 resistance

The expected trend for today: Bullish