Ethereum price negotiates the neckline – Analysis - 14-02-2019

Ethereum price continues the attempts to breach the neckline of the inverted head and shoulders’ pattern that appears on the chart, getting positive signal by stochastic, which reinforces the chances of continuing the expected bullish trend scenario for the upcoming period, reminding you that our targets begin at 137.24 and extend to 154.00 followed by 170.76.

We should note that the continuation of the bullish wave depends on the price stability above 116.50.

The expected trading range for today is between 116.00 support and 137.24 resistance

The expected trend for today: Bullish