Cryptocurrency

Ethereum price awaits the break – Analysis - 27-02-2019

2019-02-27 05:23:32 GMT (Economies.com)

Ethereum price continues the attempts to press on 137.24 level, waiting to confirm the break to open the way to head towards 116.50 that represents our next main target.

 

The EMA50 forms negative pressure against the intraday trades, to support the expectations of continuing the expected bearish trend for the upcoming period, which will remain valid unless breaching 154.00 level and holding above it.

 

The expected trading range for today is between 120.00 support and 154.00 resistance

The expected trend for today: Bearish

 

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