Ethereum price fluctuates within tight track around the bearish channel’s resistance that appears on the chart, while stochastic begins to provide negative signals now, waiting to assist to push the price to resume the expected bearish trend for the upcoming period, which targets 149.10 level mainly, while achieving it conditions holding below 189.90.
The expected trading range for today is between 160.00 support and 190.00 resistance
The expected trend for today: Bearish
Bitcoin price breached the intraday bearish channel’s resistance to head towards potential test to the most important resistance at 10600.00, accompanied by stochastic loss to the positive momentum and moving inside the overbought areas, waiting to motivate the price to resume the main bearish trend, which its first target located at 9855.80.
MoreThe USDCHF pair provided negative trades yesterday affected by stochastic negativity, while it moves inside bullish channel that its signs appear on the chart, which supports the chances of continuing the main bullish trend, waiting to visit 0.9990 level as a next main station.
MoreThe NZDUSD pair provided negative trades yesterday to approach the key support 0.6390, and the EMA50 meets this support to add more strength to it, accompanied by witnessing positive signals through stochastic, thus, we believe that the chances are valid to trade positively today, waiting to visit 0.6470 as a next main target.
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