การวิเคราะห์ทางเทคนิค

Ethereum market technical outlook

Cryptocurrencies

Analysis method - “Gann Swings + Price Action”

August 14, 2018


Daily chart: Downward rally continues! Which support level is capable to stop this fall - is not clear so far. But downswing is very long already, therefore, any psychological level (200 dollars for a coin, for example) can trigger the growth.


H1: Local downward structure continues to form trending swing. We expect further decline of the quotes in direction of the 200.00 region.


Conclusions: Continuation of decline in direction 200.00.

Trading recommendations: Shorts towards 200.00.


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