Ethereum digital currency ( ETH) analysis

in #ethereum4 years ago

ETH.jpg

Ethereum currency (ETH) is trading now in a neutral Direction
at $ 1205.60

As we predicted before the Ethereum currency (ETH) was gonna get a Higher range area above $ 1200.00 and many more incoming relevant ranges as we go step by step according to the chart indicators.

Now Ethereum currency is creating a new control volume area around $ 1115.00 area, and normally we could see correction areas to set new support areas in order to hit a higher range.

So We advise buyers to trade wisely and place a stop loss below the $ 1065.00 area.

AS Shown in
The Chart Below

eth.png

Prediction:
Target: hit & exceed the area of $ 1480.00 to fly to another rage above $ 1780.00
The digital currency, Ethereum, if the area of $ 1057.00 has been broken, it may target below $ 890.00 levels.

Support & Resistance:
Support: $ 1057.00 - $ 890.00 - $ 768.00
Resistance: $ 1289.00 - hit the target of $ 1480.00

Important:
The result depends on our personal Vision which could be right or wrong
We analyze the past to predict the future.