Condizioni di trading
Strumenti
Ethereum price has reached the important $350 price level and major support of previous April lows as expected by our last analysis. The trend remains bearish. However, there are many chances of at least a bounce towards $400 as 5 waves down could be completed from the July 18th highs.
Blue line - bullish divergenceMagenta line - triangle wave 4
The Ethereum price has many chances of a bounce towards $400 from current levels. I would not trade the bullish side but I would take any profits from a short position. Price has most probably completed 5 waves down. The fifth wave also has an RSI bullish divergence. This supports our view for a bounce.
I'm expecting a short-term bounce at least.
Le recensioni analitiche di InstaForex ti renderanno pienamente consapevole delle tendenze del mercato! Essendo un cliente InstaForex, ti viene fornito un gran numero di servizi gratuiti per il trading efficiente.