ANALYSIS COURSE ETHEREUM

in #trading8 years ago

06/12/2016


ANALYSIS COURSE ETHEREUM
Price ether is trading near an important resistance area at $ 15.00. Let's see how to trade better in a pair of ETH / USD in the current situation.

Key points

Price ether continued to rise against the dollar, but we need to be careful when buying.
There is a very strong resistance area formed near $ 15.00, which has in many cases acted barrier.
Also, there is a great probability that the daily chart formed triple top (according Kraken Exchange in ETH / USD pair), and if this figure is realized, it will work in favor of the sale.
Price ether

Price aired for the third time has reached resistance area around $ 15.00. The approximation to the level of making profitable short sale. If traders, and this time not overcome $ 15.00, will begin the downward movement.

Fibo level of 23.6%, if we take the period from $ 7.00 to $ 14.85, can act as support. On the other hand, if the buyers overcome the said resistance zone, there is a chance to reach new heights ETH / USD. In this case, you can count on from the last test 1.236 peaks, representing approximately $ 18.

Day almost flat MACD indicator indicating approximation flicking.

Daily RSI holds above 50 and it is a positive sign.

An important level of support - $ 13

An important resistance level - $ 15

Good Luck! Have Fun! )

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