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Look from the inverted side at ETH !

Short
BITFINEX:ETHUSD   Ethereum / U.S. Dollar
Hello, dear Traders!
Monfex is at your service and today we overview ETH/USD.

Locally on short timeframes, the situation is more bullish by ETH, the logical resistance is around $ 186. Upon reach which there can be a rebound to the top line on the left chart analysis, at least to the previous peak of $ 155. But after breaking through, take the target at $ 200-204, near the bottom line.

We set the BTC chart on the right for clarity, what can happen according to this price behavior, similarity is observed.

Market Cap
$18 964 445 690 USD
Volume (24h)
$6 386 230 322 USD
Circulating Supply
108 232 553 ETH


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Disclaimer
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.
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