Ethereum price under the negative pressure – Analysis - 17-01-2019
Economies.com
2019-01-17 05:14AM UTC
Ethereum price continues to provide negative trading and falls under continuous negative pressure that comes by the EMA50, which supports the expectations of achieving more decline in the upcoming period, waiting to test 116.50 level initially, reminding you that surpassing this level will push the price towards 100.00 on the near term basis.
We should note that breaching 137.24 will push the price back to the correctional bullish track.
Expected trading range for today is between 100.00 support and 137.00 resistance
Expected trend for today: Bearish
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