Ethereum price touches the target – Analysis - 20-09-2019

Ethereum price succeeded to hit our waited target at 222.92 and settles near it, accompanied with the issuance of clear overbought signals from stochastic, which signals that the chances are available to bouncing lower in the upcoming period, and we expect testing 189.90 levels mainly.

Therefore, the bearish bias will be preferred for today unless breaching 222.92 level and holding above it.

The expected trading range for today is between 200.00 support and 225.00 resistance

The expected trend for today: Bearish