Bitcoin on a Potential Dive
July 2, 2020
US Dollar on a Dive
July 3, 2020
ETHMXN CHART PRICE – ETHMXN DAILY
ETHMXN is very close to its support level at 5072.37, today it traded below this level most of the day and currently is just $ 6 above that level, trading at 5078.55, we can see that Ethereum has found very strong support and resistance levels at 5072.37 and 5530.40 respectively, as it has been trading within this range for more than a month now, the next thing we would expect id for the price to bounce back up from that support level and start rising, we see that the Relative Strength Index has gone up a few points in today’s trading session as the pair had small gains, the price is trading above the Ichimoku Cloud which corroborates our predictions, if the prices continues to lift up a few more points I will place a long trade with a take profit on the 5520s level.
This post does not provide Financial Advice for traders, its merely purpose is education, use all the information available from different Analysts and build your own strategy, trading is not for everyone, you should only trade with money you can afford to lose, past performance is not an indicator of future results.
