Ethereum price provides more bullish bias to approach 848.14 level, which urges caution from the upcoming trading, as breaching this level will stop the recently suggested bearish bias and lead the price to build bullish wave on the short term and medium term basis.
In general, we will continue to suggest the bearish trend unless breaching 848.14 level and holding above it, reminding you that our next main target is located at 492.00.
Expected trading range for today is between 600.00 support and 848.00 resistance
Expected trend for today: Bearish