Ethereum : Update 10 Apr 2018

in #ethereum • 7 years ago

Hi Steemit Friend,

ETH Daily.png

ETH Daily chart is still bearish and recently slowly climb up and it’s trying to test the trendline if price close above trendline in a few days ahead we can expect that downtrend is broken, otherwise it will be rejected and price will be drop further.

ETH 1H.png

ETH was began to climb up after price found some support at 0.054 Btc and currently still testing resistance level at 0.0588 Btc and trendline. This is interesting area because seller and buyer are fighting each other and it causing price getting very volatile in this level.

Just keep an eye on price because it’s very risky condition to enter the trade unless you have good trading strategy. Personally I will stay away until trend direction is clear again.

Let’s See...

Disclaimer: This is not financial advice. I’m just giving idea, all trades it’s completely in your responsibility. Make sure you use trading management properly to avoid losses.

#cryptocurrency #money #trading
7 years ago in #ethereum by
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