ETH - Next target $
Ethereum - lower dynamics last days, slower moves than usual - the buyers are not convinced... - assessment .
There is nothing to predict - just an opinion with STRONG Risk Management in place.
-- Rejection at 200SMA 4H chart & previous strong Resistance @1270
-- There is no bearish divergence on RSI/MACD on 4h charts, however 200SMA serves as a strong Resistance
-- Next target : approx. $1020 area
-- Range trading in $1000 - $1300 area expected before it breaks
-- Essential - low lev & STONG Risk Management
There is nothing to predict - just an opinion with STRONG Risk Management in place.
-- Rejection at 200SMA 4H chart & previous strong Resistance @1270
-- There is no bearish divergence on RSI/MACD on 4h charts, however 200SMA serves as a strong Resistance
-- Next target : approx. $1020 area
-- Range trading in $1000 - $1300 area expected before it breaks
-- Essential - low lev & STONG Risk Management
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