icexch

Etherium. Bulls didn’t come. Bears are getting stronger.

Short
BITFINEX:ETHUSD   Ethereum
In the latest review we wondered whether stronger may bears come.
They didn’t.
Obviously, in such situation the bears were encouraged and began to gain strength.
And now daily MAcross already crosses to sale. And there is also the head with shoulders coming in. As a result, we have starting conditions for significant downward movement. For a start the estimated target is $ 450. At the same time the previous minimum of $ 350 may not resist in case of one more testing. We’ll see. For now, Ether has been falling not so fast as Bitcoin. The idea about downward movement doesn’t work if there is the rise above $ 850.

Wish you profitable deals!
Follow our reviews.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.