ETHEREUM 06/11/2018

Good afternoon to all steemians.

Today I come with an analysis of the crypto ethereum, which as many crypto has suffered a strong and rapid correction, down from 625 usd to 527 usd at this time.

When we see the 4 hour chart we see that the price bounced back in a very strong support at 510 usd.
The stochastic is at level 51 and the rsi is at level 36.

Fuente

In my opinion, it is in good time to buy something and wait for a setback and buy more at a better price.

For now it's all friends later I'll be sharing my analyzes and market insights, cryptos, icos and more.

I say goodbye thank you for your attention, have an excellent week.

Disclaimer: all my analyzes only show possible scenarios and do not predict the future. Technical analysis gives wrong signals very often and only gives clues to reason about the future development of a financial product. The price often moves in an unpredictable way. Never invest based solely on my predictions, which may be incorrect, and always use a correct money management. I do it for personal interest for free, I am not a financial advisor or the content of this article is presented as financial advice. The information provided in this blog post and any other publication that you make and any accompanying material is for informational purposes only. It should not be considered financial advice or investment of any kind.