Ethereum price surpasses the first target – Analysis - 15-08-2019
Economies.com
2019-08-15 03:49AM UTC
Ethereum price succeeded to touch our waited target at 189.90 and closed the daily candlestick below it, which supports the chances of extending the bearish wave on the intraday and short term basis, expecting to target 149.10 areas in the upcoming period.
Therefore, the bearish trend will remain suggested in the upcoming period supported by the negative pressure formed by the EMA50, noting that breaching 189.90 and holding above it might push the price to achieve intraday gains and test 204.00 areas initially before any new attempt to decline.
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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