Ethereum still bullish

T

Trading Ideas

Guest

Ethereum still bullish
Ethereum / Dollar BITFINEX:ETHUSD
trashpanda19

As analyzed a few days ago, the price was expected to fall into the 460 levels and there was the possibility of a bull wick into 450's, which happened earlier on today. The price than quickly climbed up(good sign). Those levels could be retested again with possible new lows. There is a strong support here that has proven to be a nice turning point in the past. However, there still remains a bearish scenario in place if price is breached decisively on the lower 400 levels.

Continue reading...