Monfex is at your service and today we overview ETH/BTC with ETH/USD.
What do you expect from Ethereum ?
ETH / BTC
It has recently touched the support line with a false breakdown of it, but this may be for us as a sign, a warning. RSI is overbought.
There is a strong level near 0.0180 and it is as our target for a short on the breakdown support line near 0.0195 .
There is also a breakout buy level near 0.02085 with a target at 0.0222 .
ETH / USD
It looks more down and strives once again to touch the bottom line ~$ 145 , where we can find the divergence most likely and think about a long deal to the line of resistance of our channel. RSI oversold.
Share your thoughts, ideas about the market under the chart.
Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
What do you expect from Ethereum ?
ETH / BTC
It has recently touched the support line with a false breakdown of it, but this may be for us as a sign, a warning. RSI is overbought.
There is a strong level near 0.0180 and it is as our target for a short on the breakdown support line near 0.0195 .
There is also a breakout buy level near 0.02085 with a target at 0.0222 .
ETH / USD
It looks more down and strives once again to touch the bottom line ~$ 145 , where we can find the divergence most likely and think about a long deal to the line of resistance of our channel. RSI oversold.
Share your thoughts, ideas about the market under the chart.
Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
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ETH/USD target reached, ETH/BTC almost
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