Ethereum - Looking Bearish

٢٢ أكتوبر ٢٠١٨

Ethereum remains weak under the 205.50 resistance as stochastic moves downwards to the oversold area. If the selling pressure continues, the next support is at 195. We will follow a bearish scenario under 195, targeting 184.80. On the other hand, our scenario will turn bullish if we see a break above 205.50. In this scenaio initial target is 220 resistance level.