Trading plan: ETHUSD (Ethereum)

17 de jul. de 2018

Current situation:
The Ethereum rate has grown during the correction to a downward trend. Today we expect a small rollback of its price down to support levels, and the continuation of growth.
Key levels are used by traders to identify immediate targets, limit losses, fix profit, entry points.
Resistance levels:
$ 547;
$ 528;
$ 493.
Support levels:
$ 455;
$ 427;
$ 406.
Forecast:
The growth of Ethereum rate from $ 455 to $ 493.

17 de jul. de 2018

Nota

Analysis trend: ETH/USD (Ethereum)
Ethereum is in downtrend.

Current situation:
Yesterday, the crypto market demonstrated growth to the level of $480, today we are forecasting the correction of the asset to levels: $465, $454 and $437. After the completion of the correction of the Ethereum price, we expect the quotation to continue to grow to levels of $515 and $540. The cancellation of the scenario will be considered if the price goes below $437.

Key levels are used by traders to identify immediate targets, limit losses, fix profit, entry points.

Resistance levels:
1. $515;
2. $530;
3. $ 561 (midterm).

Support levels:
1. $460;
2. $420;
3. $404;
4. $360 (the April minimum of the price).

Forecast:
The increase in the price of Ethereum asset from the level of $465 with the target of $515.