ETH/USD Trade Idea

14 août 2017

Let's keep an within the $315 and $289 areas and lets see if it begins moving higher or lower. It appears that the 300 range is starting to look like a support level, if the price breaks resistance $315 than the uptrend continues, if it breaks support $289 than we will have to see what occurs at the next support level. Wait for confirmation before committing to either route.

15 août 2017

Note

The price dropped below the first support level. This indicates that the bearish trend will continue with the next target support level at approximately $220. I will look for a reversal at that range and to purchase at around that price range unless i see a solid support be formed.