Ethereum price succeeds to breach – Analysis - 10-10-2019

Ethereum price succeeded to breach 185.00 level to complete yesterday’s mentioned double bottom pattern, and it managed to surpass our initial target at 189.90 and holding above it, which supports the continuation of our bullish trend expectations efficiently in the upcoming period, in its way to head towards our next target at 216.00.

The EMA50 supports and the price from below, keeping the bullish trend valid and active unless breaking 189.90 then 185.00 and holding below it.

The expected trading range for today is between 185.00 support and 216.00 resistance

The expected trend for today: Bullish