Forum Forums Ethereum (ETH) Forecast – Technical Analysis Ethereum (ETH) Technical Analysis – April 2018 Reply To: Ethereum (ETH) Technical Analysis – April 2018

#17557
margincall
margincall
Keymaster

Lets take a quick look at the Ethereum market versus the US Dollar.

ethusd forecast 10 April 2018
There has been some nice bullish volume between $350 and $420, and like Bitcoin, we are receiving contradicting signals on the market.

I will keep it simple, a break below $350 will be followed by a bearish price action and a confirmation that the bear trend is not quite over yet.

On the flip side, I will wait for the bulls to push the prices past the $400 price levels, $420 should be in play if we consolidate in this zone.

I would expect some bullish momentum to develop if trading pushes prices higher than $420. Safe trades.

  • This reply was modified 8 months ago by margincall margincall.