Ethereum price within a bearish pattern – Analysis - 22-10-2018
Economies.com
2018-10-22 04:32AM UTC
Ethereum price’s recent trades are confined within symmetrical triangle pattern that appears on the chart, thus, the price needs to break 199.10 to confirm resuming the main bearish trend, which its next target located at 167.32.
Stochastic provides negative signal that we expect to motivate the price to break the above mentioned level, while the bearish trend scenario will remain valid conditioned by the price stability below 218.77.
Expected trading range for today is between 180.00 support and 220.00 resistance
Expected trend for today: Bearish
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