Ethereum (ETH) Technical Analysis (June 19, 2018)

the daily chart clearly shows that ETH prices are on a down trend. Regardless, if buyers are to reverse losses then we need to see movement above this tight $100 range. This therefore means bulls should print $550 or higher in the coming days. If not and sellers succeed in pressing below $450 minor support line or June 14 lows with strong volumes exceeding recent averages then our bear targets would be at $350