TradingwDavid

Ethereum/Dollar at a crossroads

BITFINEX:ETHUSD   Ethereum / U.S. Dollar
At this moment, Ethereum/Dollar with a foot and a half in the abyss. If the double support, static at $ 600 and dynamic with the simple 200-day moving average, should not hold, it would open for the Ethereum a bearish scenario of $ 200 with the next support at $ 400. On the contrary, a rebound could push the currency pair to the test of the bearish resistance as far as $ 700 (about).
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