TradingwDavid

ETH-USD reached support at $400

BITFINEX:ETHUSD   Ethereum
After the bearish breakout of the support at $600, Ethereum-Dollar has arrived at the next strong support at $400. Here it is likely, at least initially, a rebound (still missing a green candle). There is a bullish divergence between price and CCI (20). The breakout also of the support at $400 (with high volume) would precipitate the currency pair, in all likelihood, as far as $250.

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