Kikokoh

Another buy call?.

Short
BITFINEX:ETHUSD   Ethereum
Ethereum appreciated early in today’s Asian session as the pair traded as high as the 271.63 area after finding Bids around the 263.68 area, representing the 38.2% retracement of the move from 222.88 to 288.77. During yesterday’s European session, the pair climbed to the 278.83 area, its strongest showing since 30 May. Stops were elected above the 274.99 area during the pair’s ascent yesterday. The pair collapsed later in yesterday’s Europeansession and then early in yesterday’s North American session
Technical Support is expected around 255.45/ 246.23/ 241.17 with Stops expected below.

Technical Resistance is expected around 288.77/ 293.56/ 302.20 with Stops expected above.


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Support
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