Crypto-currency market: ETH / USD forms the bottom
The crypto-currency market turned out to be under pressure on the recovery of the American dollar, which didn’t pass a couple of ETH / USD. At the same time on this instrument a figure “double top” was formed, which indicates the possibility of a more rapid decline.
The breakthrough by a ETH / USD pair of support 585-587.000 will open the way for sellers to support levels: 575.000 and 570-568.000. Resistance after the start of working off the figure comes marks: 590.000 and 600.000.
ETH / USD Graph. Current price – 587.000
Read also: «Forex Tools: Fibonacci Expansion»
Dani Levitan