The graph indicates ETH/USDT growth: true or false?Nov 5, 2019
ETH is preparing for an attempt to grow, following Bitcoin, which has been trading in the 160-195 corridor for more than 40 days.
The ETH/USDT pair gives hope for an exit from the sideways towards growth, holding above MA200, but for it is necessity to break through and gain a foothold above the 195 USDT resistance line. The short-term goal is 220 level.
The indicators are in a neutral position and don’t indicate a specific trend direction.
It is recommended to set a short stop loss at 180, in a case of opening a long position.