ETH/USD: Decision Time And Chance For Short-Term Speculators

Traders are urged to carefully choose the amount of leverage they are using when trading ETH/USD. Limit orders should be mandatory also as a risk-taking tactic to protect against price fills, which will be influenced by the volatile trading conditions. As for a decision regarding a speculative wager, until ETH/USD proves it has the endurance to create a steady climb higher, selling Ethereum on slight reversals higher within its current price range may prove to be the right decision.

Ethereum Short-Term Outlook:

Current Resistance: 2782.00

Current Support: 2477.00

High Target: 2937.00

Low Target: 2202.00

(Click on image to enlarge)


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