Forex_42

ETHUSD Trade Analysis 26.04.2020

BITFINEX:ETHUSD   Ethereum
Hello Traders,
At the beginning of the March, Etherium had very strong bearish momentum and it ended at $95 levels. After that momentum, price is now retracing.
$200 is very important resistance area and also this area respected the fib level of the impulse.
We will be looking for a short trade if we find a good place to enter at $200 area. Our target is $150 area.

Good luck!
Thank you for your support!
Forex42

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