Crypto-currency market: ETH / USD forms the bottom - Ester Holdings

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

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