Ethereum price hits the waited target – Analysis - 13-08-2018
Economies.com
2018-08-13 04:17AM UTC
Ethereum price provided clear negative trades in the previous sessions to succeed touching our waited target at 310.00, and the price keeps moving inside the bearish channel that appears on the chart, supported by the negative pressure provided by the EMA50.
Therefore, we suggest the continuation of the bearish trend in the upcoming period unless breaching 406.00 level and holding above it, noting that our next target reaches 290.00.
Expected trading range for today is between 300.00 support and 340.00 resistance
Expected trend for today: Bearish
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