• Home
  • Strategies
  • VPS
  • Education
    • Trading Basics
      • Forex Basics
      • Who Trades Forex and Why?
      • Learn to Trade
    • Top Cryptocurrencies
      • What is Cryptocurrency?
      • The Major Cryptocurrencies Traded Globally
      • Cryptocurrency Liquidity
      • Cryptocurrency Trading Strategies
      • Basic Understanding of Bitcoin
      • Basic Understanding of Ethereum and Its Currency Ether
  • About Us
  • Contact
  • FAQ
  • Glossary
GBPMXN Gets A Breather
August 13, 2020
LTCUSD Could Reach Resistance
August 14, 2020

ETHMXN Finds New High for the Year 

Published by TradersColo at August 13, 2020
Categories
  • cryptocurrency
Tags
  • chart patterns
  • ethmxn
  • technical indicators
  • trend analysis
ethmxn daily chart

ETHMXN CHART PRICE – ETHMXN DAILY

Ethereum finally made it, ir broke the resistance it found 13 days ago, now we need to wait and see how much more it can gain before making a reversal, it is currently trading very close to its upper bollinger band and it has almost doubled its price in less than a month, the Relative Strength Index is above 70% but this does not seem to slow it down, as we have seen in the past rsi reached the 90% levels before going down, most cryptos are having a great month and we do not find evidence to contradict the current trend, however it is too risky to invest in ETHMXN now that it is finding new highs for the last year.

This post does not provide Financial Advice for traders, its merely purpose is education, use all the information available from different Analysts and build your own strategy, trading is not for everyone, you should only trade with money you can afford to lose, past performance is not an indicator of future results.

Share
1
TradersColo
TradersColo

Related posts

October 8, 2020

BTCUSD Low Volatility


Read more
October 7, 2020

ETHUSD Unable To Break Resistance at 351.48


Read more
October 7, 2020

LTCUSD Low Volatility


Read more

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search Strategies

Browse by Asset Class

  • commodities
  • cryptocurrency
  • debt
  • energy
  • equities
  • forex
  • indices
  • precious metals

Recent Articles

  • 0
    GBPMXN Breaks Support at 26.67
    October 9, 2020
  • eurmxn-traderscolo0
    EURMXN Tests Resistance at 25.18
    October 9, 2020
  • 0
    USDMXN Continues Downtrend
    October 8, 2020
  • 0
    BTCUSD Low Volatility
    October 8, 2020
  • 0
    ETHUSD Unable To Break Resistance at 351.48
    October 7, 2020
  • 0
    LTCUSD Low Volatility
    October 7, 2020

Follow Us for Real Time Updates From Our Analysts

  • Facebook
  • Instagram
  • Twitter

Cookies

Privacy Policy

Risk Disclosure

Terms of Use

Follow TradersColo

© 2012 - 2021 Traderscolo. All Rights Reserved.