After achieving ath in Jan 2018, Ethereum seems to have been trading in a wide zone from Dec 2018 Low of 80$ to immediate lower high of Jun 2019 with 375$.
This range seems very interesting to watch as the last drop failed to break below the range, this signal for re-test of the top of the range with potential towards 375$
In a short term view we have price moving in a potential bearish pattern which if break down will likely lead price towards Demand Zone(Accumulation Area)
I will keep updating this view as market develops
Kindly go through the chart and do leave us your comments to let us know how you feel about our view,
Moreover REMEMBER to appreciate our effort with your likes and always subscribe(Click follow) to our profile for fast and quick daily updates on all our trading ideas
Thank you.
This range seems very interesting to watch as the last drop failed to break below the range, this signal for re-test of the top of the range with potential towards 375$
In a short term view we have price moving in a potential bearish pattern which if break down will likely lead price towards Demand Zone(Accumulation Area)
I will keep updating this view as market develops
Kindly go through the chart and do leave us your comments to let us know how you feel about our view,
Moreover REMEMBER to appreciate our effort with your likes and always subscribe(Click follow) to our profile for fast and quick daily updates on all our trading ideas
Thank you.
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This pattern remain valid until price break through 80$ zone which is our strong demand area.
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