GBPMXN Recovers 600 Pips in 3 Days
August 27, 2020
USDMXN Lowest in a Month and a Half
August 28, 2020
ETHUSD CHART PRICE – ETHUSD DAILY
Ethereum has been very close to its support level at 363 but has been unable to get a breakout since August 2nd, we believe that this support level is strong, in two out of the last 4 trading session the price has been very close to it but not close enough to reach it or break it, the market is not letting the price get too close to it, which tells us that there could be a potential uptrend very soon, we see the relative strength index right at 50% which could really take the price anywhere, we want to wait a few hours before making a trading decision since it’s not very clear which path the price could take, the bollinger bands are opening up so we can expect volatility.
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.
