empty
 
 
id
Bantuan
Pembukaan akun instan
Platform Trading
Deposit/Penarikan

22.06.202115:05 Forex Analysis & Reviews: Ethereum remains under pressure

Ethereum recently broke out of a triangle pattern and provided us with a bearish signal. In our last analysis we noted that after the rejection of the back test, the bearish scenario was stronger and we were expecting price to move towards $1,700 and lower. Today price is trading just above $1,700.

Exchange Rates 22.06.2021 analysis

Ethereum is making lower lows and lower highs. Price is clearly in a bearish trend and is heading towards the 161.8% Fibonacci extension of the first leg down at $1,580. The RSI is showing some bullish divergence signs but there is no reversal confirmation yet.

Exchange Rates 22.06.2021 analysis

Red lines - triangle pattern

Blue lines- base of triangle= size of decline expected

According to the triangle breakdown, the size of the decline should equal to the size of the base of the triangle. In this case our target is at $1,590-$1,600. Both views have similar targets below $1,650.

*Analisis pasar yang diposting disini dimaksudkan untuk meningkatkan pengetahuan Anda namun tidak untuk memberi instruksi trading.

Alexandros Yfantis,
Analytical expert of InstaSpot
© 2007-2024
Manfaat dari rekomendasi para analis saat ini
Akun trading teratas
Buka akun trading

Tinjauan analitis InstaSpot akan membuat Anda menyadari sepenuhnya tren pasar! Sebagai klien InstaSpot, Anda dilengkapi dengan sejumlah besar layanan gratis untuk trading yang efisien.

Dapatkan perubahan tingkat kriptokurensi dengan InstaSpot
Download MetaTrader 4 dan buka trading pertama Anda
Tidak bisa bicara sekarang?
Tanyakan pertanyaan anda lewat chat.