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ETHUSD long view

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BITSTAMP:ETHUSD   Ethereum
Ethereum continues yesterday's bearish consolidation after climbing to $ 2,000. We are now at $ 1930 and again seek support in the $ 1900 zone. If Ethereum finds support, here again, we could see a new bullish impulse. We need a jump above 1950 dollars and MA20 and MA50 moving averages for the bullish option. After that, the price would rise again to $ 2,000 prices on new resistance testing. The price could continue to a large resistance zone of the $ 2100 level with further positive consolidation. For the bearish option, we need continued negative consolidation and a break below $ 1,900. Potential lower bearish targets are $ 1,875, $ 1,800.

𝐅𝐢𝐧𝐚𝐧𝐜𝐞 𝐁𝐫𝐨𝐤𝐞𝐫𝐚𝐠𝐞 - 𝐒𝐭𝐨𝐜𝐤 𝐌𝐚𝐫𝐤𝐞𝐭, 𝐅𝐨𝐫𝐞𝐱 𝐍𝐞𝐰𝐬 & 𝐅𝐨𝐫𝐞𝐱 𝐁𝐫𝐨𝐤𝐞𝐫𝐬
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