ETH Daily Trading Signals: 16 October
Ethereum is in a range-bound market in its medium-term outlook. The bullish pressure from $189.00 in the support area after the bullish railroad of 12th October has progressively pushed the cryptocurrency up initially to $203.70 and finally to $242.62 in the resistance area. The lack of momentum for continued upward movement shed almost 50% of the initial upward price movement as the candle closes with a wick....
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