Ethereum: Following the BTC patterns

Ethereum is copying the bitcoin pattern, as its rate increased by almost the same percentage. At the moment, the quotes are trading between the support zone at $155, which was formed on April, 2 and the resistance one at $170.

The Stochastic indicator is on the border of the neutral zone and has not yet reached the oversold zone. Today it is possible to resume growth and re-test level $170. This level will support the couple and will become the basis for continued growth.

Published at Wed, 17 Apr 2019 05:08:24 +0000

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