ETH/USD
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  1. #1
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    ETH/USD


    Ethereum is an open-source platform for creating online services based on the blockchain technology. The units generated by the Ethereum platform are called Ether.


    Technical Analysis. forecasts,opinions, trading recommendations for ETH/USD

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    eth11.png

    In the m 15 chart ethusd may vary the course from 201 to 206. Wait, no purchase or sales signal.
    In the H4 chart we see a developing double top. To see is worth a course about 203.5 on the 17th and 21st of October.
    If the price remains below today, then he should test the next low in the course at 201 and possibly the 191.

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    Today the movement of ethusd is only within the 199.71 to 201.41 levels and if you can see now market is not break the below its low 199.71 which is a sign of its reversal trend and you can see after some time this maket is bounce from this level and now its move to up side and its movement is up to 201.41 is easily possible.

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    If we see this pair then its move between the 196 to 203 level today and its cross the 196 level today but its just a fake breakout and we can see this pair is again enter into the 196 to 203 levels and you can see now its resistance level is 203 and we can buy it now and our profit target is 203 minimum and if ts breakout above then we can increase our profit target.

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    in anticipation of the fall that this instrument will make I have already sold, I am looking at 192 as my take profit, because there is serious correlating power between all these crypto currency, I am expecting that this will come down, BTC had already initiated the move, there is a higher possibility that everything else will follow shortly, let me see how this is going to play out in the next few days, if I sense a threat to this trade I will not hesitate to close it as soon as possible.

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    EThUSD is now move at 199.55 level and its trend should be up side if we are see it with H1 time frame and you can see the color of macd firbas is green which means its trend is upside and the buy green arrow is also appear on the chart so its a good sign of buy this crypto currency with target of 203 level which is its h1 time frame resistance.

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    Market is still move within the 203 and 196 level and you can see its on level 199 and as I say the 196 is its support level and its next target is 203 level and its now move to its resistance level which is 203 and then you can get a good sell opportunity to that 203 level where you can get a good selling opportunity on this pair.

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    203.36 197.11 199.22

    Ethereum is move very tight raneg today and its does not follow any trend. I think its trend is now upside because its ADR start from the level of 199.22 and its still above this range which is sign its goes to upside towards its high range of 203.36 but if its start move to down side range then its trager is 197.11 ADR low range level.

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    R3 205.70 R2 203.10 R1 201.40Pivot 1983.80 S1 197.10 S2 194.50 S3 192.80
    ForexscannerPro=Red

    Forex scanner Pro is red and below the zero but price is still above the pivot point which is 1983.80 level and its near its first resistance 201.40 ad I think its still a chance its moves upside toward the second resistance level which is at 203.10 level. If its goes below the pivot point then first target is 197.10 support level.

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    ETH/USD

    Etherium is flat i mean very flat for three days now there has been virtually no movement on this pair,it is better for us to stay away from this pair at least for now,and secondly it is sitting on a daily support for now,when it comes to crypto support and resistance does not mean much because they can be broken easily.
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