empty
 
 
12.07.2021 11:35 PM
Ethereum continues to move lower as expected.

In ourprevious posts on Ethereum, we noted the bearish wedge pattern and warned that a breakdown was the most likely scenario and price could fall towards $2,000. Price has now also formed another bearish pattern and we now see a price potential dip towards $1,800.

This image is no longer relevant

Red lines - wedge pattern

Green line - consolidation break down

Red horizontal lines -Fibonacci extension targets

Ethereum is breaking today out and below the sideways consolidation we were in for a couple of sessions. Current price action implies that a move towards $1,800 is highly likely. Resistance is found at recent high of $2,165, Our first target is at $1,934 and our second and most probable target is at $1,800-$1,790. Short-term trend remains bearish as price is vulnerable to more downside.

Dapatkan keuntungan dari perubahan nilai mata uang kripto dengan InstaForex.
Unduh MetaTrader 4 dan buka perdagangan pertama Anda.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    GABUNG KONTES
  • Chancy Deposit
    Isi akun Anda sebesar $3000 dan dapatkan $6000 lebih banyak!
    Pada Desember kami mengundi $6000 dalam promo Chancy Deposit!
    Dapatkan kesempatan untuk menang dengan melakukan deposit sebesar $3000 pada akun trading Anda. Setelah memenuhi persyaratan ini, Anda telah menjadi partisipan promo.
    GABUNG KONTES
  • Trade Wise, Win Device
    Top up akun anda dengan dana minimal $500, daftar kontes, dan dapatkan peluang untuk memenangkan perangkat seluler.
    GABUNG KONTES
  • 100% Bonus
    Kesempatan langka untuk mendapatkan bonus 100% pada deposit anda
    DAPATKAN BONUS
  • 55% Bonus
    Ajukan bonus 55% pada setiap deposit anda
    DAPATKAN BONUS
  • 30% Bonus
    Raih bonus 30% setiap kali anda top up
    DAPATKAN BONUS

Artikel yang direkomendasikan

Tidak bisa bicara sekarang?
Tanyakan pertanyaan anda lewat chat.
Widget callback