Ethereum price tests the pattern’s support – Analysis - 11-12-2018

Ethereum price tests the bearish flag’s support line that appears on the chart, waiting to break this support that rises now to 90.50 to get a negative motive that supports the expectations of continuing the decline on the intraday and short term basis, followed by opening the way to achieve our next target at 60.00.

Therefore, we will continue to suggest the bearish trend unless we witnessed clear breach and hold above 106.50.

Expected trading range for today is between 80.00 support and 100.00 resistance

Expected trend for today: Bearish