Ethereum price resumes the decline – Analysis - 16-01-2019
Economies.com
2019-01-16 05:25AM UTC
Ethereum price shows some bearish bias to approach our first waited target at 116.50, motivated by stochastic negativity, waiting to break the mentioned level to confirm extending the bearish wave towards 100.00 as a next station.
In general, we will continue to suggest the bearish trend in the upcoming period unless breaching 137.24 level and holding above it.
Expected trading range for today is between 100.00 support and 137.00 resistance
Expected trend for today: Bearish
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