Ethereum Presses on The Support - Analysis 14TH March, 2019

Ebitcoinics Analytics   14 Mar, 2019   www.economies.com   Views: 32

Ethereum price attempts to break the bullish trend line that appears on the chart, falling under continuous negative pressure formed by the EMA50, which supports the continuation of our bearish overview in the upcoming period, supported by stochastic negativity, waiting to head towards 116.50 as a next main station.

 

We should note that the continuation of the expected bearish wave depends on the price stability below 137.24.

 

The expected trading range for today is between 116.00 support and 140.00 resistance

The expected trend for today: Bearish


NB:

This analysis is for information purposes only and does not constitute a trade signal.




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