Ethereum [ETH] Price Analysis ETH/USD - 28/11/2018

in #crypto5 years ago

Ethereum [ETH] Price Analysis ETH/USD - 28/11/2018


As visible from the daily chart, yesterday’s pin bar might as well usher in the next wave of bulls and a recovery. But, before we settle for longs, today must close a bull ideally closing above our minor resistance at $130 or Nov 24 highs.


Thereafter, ETH aggressive traders shall begin buying at spot with first targets at previous support now resistance at $160 as aforementioned. It’s going to be a tall order and that’s why if prices happen to close below Nov 27 lows at around $100, ETH could race to our not-so good targets at $2. However, it would be morale boosting if prices edge past $130 and later $160.


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https://www.crypto-economy.net/en/ethereum-eth-price-analysis-eth-usd-finds-strong-support-at-psychological-100/


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