Ethereum pushes on the support – Analysis – 11-05-2018

Expected trading range for today is between 680.00 support and 765.00 resistance

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Ethereum price found difficulty to breach 765.33 level, to trade negatively and attacks the correctional bullish trend line, as it moves below it now, which hints the price head to return to the main bearish track again, targeting visiting 609.65 level as a next station.

 

Therefore, the bearish trend will be suggested in the upcoming sessions unless the price managed to breach 765.33 level and hold above it.

 

Expected trading range for today is between 680.00 support and 765.00 resistance

Expected trend for today: Bearish

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