• 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
Pound Could Lose Ground to MXN
June 18, 2020
BTCUSD Could Potentially Drop to the Support Level at $8891
June 19, 2020

Low Volatility for ETHMXN

Published by TradersColo at June 18, 2020
Categories
  • cryptocurrency
Tags
  • chart patterns
  • ethereum
  • ethmxn
  • technical indicators
  • trend analysis

ETHMXN CHART PRICE – ETHMXN DAILY

Ethereum has been pretty steady the last few days unable to break $5326, and bouncing at the support level of $5072, we can expect the price to move sideways in the next hours or eve days, but we need to keep an eye on the RSI level currently at 54%, if it increases in the next hours we could see the price go up a little bit, our target level is still $5530 but there is no clear indication that this could happen in the short term, bollinger bands are getting narrow, meaning that there will not be a lot of action for this pair. If it breaks $5317 and the RSI level goes to at least a 58-62% then we can expect the price to move up. Price is trading above the Ichimoku cloud and the moving averages indicate an uptrend, but its too soon to place a long trade, keep an eye on this pair.

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
30
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Your email address will not be published.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.