Monfex is at your service and today we overview ETH/USD.
Locally on short timeframes, the situation is more 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.
$18 964 445 690 USD
$6 386 230 322 USD
108 232 553 ETH
Share your thoughts, ideas about the market under the chart.
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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.