Despite attempts to gain value, Ethereum continue to dive and could lose value even more. As long as the price remains within the falling channel formation, we expect nothing but a possible momentum to the lowerside. The anticipated bearish price rally is the continuation of the impulsive wave (5) to the lowerside and should break below 190.00. If this is the case, then further decline is expect towards 100.00. We’ll only consider a long position upon a break above the upper trendline. According to the chart above, only a break above 296.10 will attract a long position.
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
Anjara
VK
Facebook
Twitter
Telegram
Bob Stan
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .
