Midday update for Ethereum 16-04-2019
Economies.com
2019-04-16 09:47AM UTC
Ethereum price shows some bullish bias affected by stochastic positivity, and it might test the key resistance 170.76 before resuming the expected decline for today, and as long as the price is below the mentioned resistance, our bearish overview will remain valid, supported by the negative pressure formed by the EMA50, waiting to visit 154.00 level as a next target.
The expected trading range for today is between 145.00 support and 170.00 resistance
The expected trend for today: Bearish
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