TradingView
JFD_Research
Jan 24, 2020 9:25 AM

Ethereum - 240 - A bit more correction Short

Ethereum / U. S. DollarKraken

Description

Quick idea.

Ethereum is trying to move below its key support. If it succeeds to push further down, this may lead the crypto to a test of the short-term upside support line. We will only target that area for now, because if it holds, this could be a good opportunity for the buyers to jump in again.

Please see the chart for levels, targets and the alternative scenario.

Don't forget your stop-loss.

Comment

Please join our daily live quick technical market overview webinars - Trader’s Espresso and Trader’s Tea Time - on JFD Bank YouTube and Facebook pages.
Trader’s Espresso – 07:00 GMT
Trader’s Tea Time – 14:15 GMT
More