Cryptocurrency

Ethereum price begins negatively – Analysis - 06-02-2019

2019-02-06 04:52:44 GMT (Economies.com)

Ethereum price shows negative trading by today’s opening to approach our first waited target at 100.00, and the price falls under continuous negative pressure that comes by the EMA50, which supports the chances of breaking the mentioned level to open the way to head towards 83.00 that represents our next main target.

 

Therefore, we will continue to suggest the bearish trend in the upcoming period unless breaching 116.50 level and holding above it.

 

The expected trading range for today is between 90.00 support and 116.50 resistance

The expected trend for today: Bearish

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