The past 5 day have been rough for the crypto market and the global news had a huge impact on the market.
ETHUSD
bounced back from 770 and formed a dragonfly doji and now it is still in a bearish mode as RSI, momentum and MACD doesn't show any reversal signs.
Short term traders with high risk capacities can enter the trade at 900 with strict stop loss at 750 and target at 1150.
Long term traders can enter at 700 with stop loss at 400 and target at 1200.
Follow me for more analysis.
Likes and comments are welcomed.
ETHUSD
bounced back from 770 and formed a dragonfly doji and now it is still in a bearish mode as RSI, momentum and MACD doesn't show any reversal signs. Short term traders with high risk capacities can enter the trade at 900 with strict stop loss at 750 and target at 1150.
Long term traders can enter at 700 with stop loss at 400 and target at 1200.
Follow me for more analysis.
Likes and comments are welcomed.