Mid-day update of the price of Ethereum 06-02-2018

in ethereum •  7 years ago 

The price of the Ethereum has been showing sideways since morning and maintaining its stability below 712.00, keeping the negative pressure intact so far, noting that our next target is at 492.00.

Therefore, we will continue to bias the bearishness for today unless the level of 712.00 is breached and stability above it, noting that SMA 50 continues to support the suggested bearish wave.

The trading range for today is expected among the support at 492.00 and the resistance at 650.00

The general trend for today is bearish

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So wat advice do you have for investors?

Thanks for your reading,
Have a good day and happy earning.

------------------------------------------- DISCLAIMER ------------------------------------------
This is not an Investment advice, your are responsible on your own trades. We do provide technical analysis for current market situation and it's a prediction for the currency price. WE MIGHT BE WRONG.

I appreciate your candid reply. I will decide wat to do by myself.

so whats you're advice what we should do with eth buy or wait ? just wondering you opinion

Ether has going up so far but we do not provide any investment advice, we do prediction on currency market price and we might be wrong.

thnx for the update..upvoted it..cheers mate!!

your most welcome