MG Network

something big isHappening!

In the mean time you can connect with us with via:

Copyright © Money Grows Network | Theme By Gooyaabi Templates

Money Grows Network

Archive

Powered by Blogger.

Welcome To Money Grows Network

Verified By

2006 - 2019 © www.moneygrows.net

Investments in financial products are subject to market risk. Some financial products, such as currency exchange, are highly speculative and any investment should only be done with risk capital. Prices rise and fall and past performance is no assurance of future performance. This website is an information site only.

Popular

Pages

Expert In

Name*


Message*

Ethereum Elliott Wave analysis for 25/02/2019

Technical market overview:

The ETH/USD pair is still continuing to trade in a narrow consolidation zone located between the levels of $135.37 - $140.10. The nearest technical resistance is the zone between the levels of $142.22 - $145.40 and this area might be the target area for the wave (b). From this level, the price might reverse and continue the corrective cycle in wave (c). The projected target for wave (c) is seen at the level of $116.15.

Weekly Pivot Points:

WR3 - $194.12

WR2 - $178.15

WR1 - $157.27

Weekly Pivot - $142.41

WS1 - $118.18

WS2 - $105.73

WS3 - $81.97

Trading recommendations:

All long-term buy orders should be now closed as there is no good setup for entering this king od trade yet. Only sell orders should be open on any corrective move up. The good price zone to open first sell orders is located between the levels of $142.22 - $145.40 (targe area for the wave (b)). The first good target for the sell orders is seen at the level of $130.96 and then at the level of $125.83.

analytics5c74d7e695b88.jpg

The material has been provided by InstaForex Company - www.instaforex.com