Our team has over 7,000,000 traders!
Every day we work together to improve trading. We get high results and move forward.
Recognition by millions of traders all over the world is the best appreciation of our work! You made your choice and we will do everything it takes to meet your expectations!
We are a great team together!
InstaSpot. Proud to work for you!
Actor, UFC 6 tournament champion and a true hero!
The man who made himself. The man that goes our way.
The secret behind Taktarov's success is constant movement towards the goal.
Reveal all the sides of your talent!
Discover, try, fail - but never stop!
InstaSpot. Your success story starts here!
Blue lines- bullish channel
Red line- resistance
Black line- bearish RSI divergence
Ethereum is trading around $1,815. Price continues to trade inside the medium-term upward sloping blue channel. Price is challenging the key lower channel support at $1,750-$1,790. As long as price respects the channel boundary, bulls will remain in control of the trend. In the near term price is making lower lows and lower highs since the $2,140 high. Resistance is shown by the red downward sloping trend line. Resistance is now at $1,865. Bulls need to break above this level in order to strengthen the bullish momentum. A break above $1,865 could push price higher towards $2,000. Ethereum is at a critical junction. Traders need to be very cautious.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
InstaSpot analytical reviews will make you fully aware of market trends! Being an InstaSpot client, you are provided with a large number of free services for efficient trading.
