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 remains vulnerable to a move below $1,700.

Ethereum recently broke below a triangle pattern providing us with an important bearish signal. Our view remains bearish as long as price is below $2,450. Price continues making lower lows and lower highs. Price has potential to reach $1,700 again.analytics60d5ed21ed32d.jpg

Red lines- triangle pattern (broken)

Blue lines - expected size of decline

Short-term resistance is found at $2,045. Breaking above this level will justify a move towards $2,280. Until then, price is vulnerable to retesting recent lows of $1,700 and possibly breaking below this level. There is no sign of a reversal to the upside. Trend remains controlled by bears.

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