Ethereum price retests – Analysis - 16-08-2019
Economies.com
2019-08-16 05:01AM UTC
Ethereum price retest 189.90 level that was broken previously and keeps its stability below it, accompanied by stochastic reach to the overbought areas, to support the chances of bouncing bearishly and resume the bearish trend, which its next main target located at 149.10.
Therefore, our bearish overview will remain valid unless breaching 189.90 level and holding with a daily close above it.
The expected trading range for today is between 175.00 support and 195.00 resistance
The expected trend for today: Bearish
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