Monfex is at your service and today we overview ETH/USD.
Ethereum broke through the expected support levels. Now it's testing a key level to continue the fall. It can also be noted that although the dominance of Bitcoin is now falling against Altcoins, we can see a divergence at some on many well-known Alts. This is a negative sign for the market, but there are also resistance zones that can be like a magnet and logical level of reverse for some correction movements.
Local is ~ $ 185
Supposed Trade Signal by ETH/USD
- Sell with confirmation of breakout near $177
- Take profit ~ $161, $154 , $144
- Stop at $184
- Market Cap
$19 476 575 983 USD
- Volume (24h)
$7 533 806 876 USD
- Circulating Supply
108 166 529 ETH
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This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
trade signal is active!