Ethereum: Update 02 Jun 2018

in #ethereum6 years ago

Hi Steemit Friend,


ETH 4H.png


Ethereum in the past few days still declined and moved in a bearish zone against Bitcoin and recently The pair is currently trading around 0.076 Btc. Bearish Divergence is formed on 4H chart and it's indicating continuation of the downtrend, So prepare for upcoming downside move.


ETH 1D.png


Daily chart is showing Ethereum remains in a major downtrend and it could continue to declining. Nearest resistance is located at 0.078 Btc up to 0.08 Btc, the price will take downside move if buyers can't push the price above this level.

Let’s See...


Disclaimer: This is not financial advice. I’m just giving idea, all trades it's completely in your responsibility. Make sure you use trading management properly to avoid losses.