Ethereum price loses momentum – Analysis - 21-10-2019
Economies.com
2019-10-21 04:53AM UTC
Ethereum price returns to test the EMA50, accompanied by stochastic loss to the positive momentum and witnessing negative overlapping signal on the four hours’ time frame, waiting to motivate the price to resume the expected bearish trend for the upcoming period, which targets 149.10 level mainly.
In general, we will continue to suggest the bearish trend on the intraday and short term basis unless breaching 189.90 level and holding above it.
The expected trading range for today is between 160.00 support and 180.00 resistance
The expected trend for today: Bearish
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