Technical analysis ETHEREUM ETH/BTC - 22.08.2017steemCreated with Sketch.

in #trading7 years ago

The ETH course has recently moved in the downward channel from which it left at the top and tested its upper edge. However, we are still in a strong downward trend.

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Checking a lower time interval, it was possible to notice the formation of a reversed head with shoulders. Breaking out of it sent the price to the next resistance at the level of 0.083530 BTC. From this level the correction has occured.

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Below market scenarios for the next days.

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Coin Marketplace

STEEM 0.34
TRX 0.11
JST 0.034
BTC 66361.53
ETH 3253.14
USDT 1.00
SBD 4.43