D1

H4

Technical analysis of Ethereum on the daily chart has been going in a cross-band since four months between the level of approximately 400 and the level of 77 that reached a mechanism and the formation of a bottom in last October 2019 On the daily chart the Ethereum is preparing to attack the level of 400 dollars, but it depends on the price moment at the present time which if Looking at the H4 chart, we will find that the price has broken the downtrend and rose strongly, and a support level at 189.36 awaited the correctional decline to buy from that level.

We expect the correction of Ethereum against the dollar until the support level 189.36 and from it it will be a point of purchase and then buy from the second support level at 158.21, which with a break will be the downward view that prevails in its time

If Ethereum gains bullish momentum and breaks the 400 level up, the next target will be at $ 500 per Ethereum.