==================================================================
Forex robots real time auto trading with Metatrader 4 at forex market
https://forexfactory1.com/p/EuHp/
https://signal2forex.com/product/megastorm-ea-28-forex-robots-for-automated-trading/
Currency pairs correlation strategy, reducing risks by using multi currency trading.
It trades on 14 currency pairs with 28 robots on 28 charts with small lots to reduce risks.
It has auto money management and it is full automatic.
================================================================
Ethereum Gearing For Another Lift-Off to $465: Rally Isn’t Over Yet
Ethereum started a strong increase above $400 and traded close to $465 against the US Dollar. ETH price is correcting gains, but it is likely to climb again towards $465.
ETH price rallied above the $400 and $420 resistance levels against the US Dollar.
The price traded as high as $465 and settled well above the 100 simple moving average (4-hours).
There was a break above a crucial bearish trend line with resistance near $400 on the 4-hours chart of ETH/USD (data feed via Kraken).
The pair is likely to rally again if it clears the $440, $445 and $450 resistance levels.
Ethereum Price is Holding Key Supports
This past week, Ethereum started a sharp increase above the $400 resistance against the US Dollar. A support base was formed near $372 before ETH price gained pace (similar to bitcoin above $14,000).
To start the rally, there was a break above a crucial bearish trend line with resistance near $400 on the 4-hours chart of ETH/USD. The pair surged above the $420 resistance and settled well above the 100 simple moving average (4-hours).
The upward move was such that the price climbed higher above the $450 resistance and traded to a new multi-month high at $465. Ether price started a downside correction from $465 and traded below the $450 support.
There was a break below the 23.6% Fib retracement level of the upward move from the $371 swing low to $465 high. The price also traded below the $440 support level, but it found support near the $425 level.
Ethereum Price
The next major support is near the $420 zone or the 50% Fib retracement level of the upward move from the $371 swing low to $465 high. Ether is currently rising and trading above $435. An initial resistance on the upside is near the $440 and $445 levels.
A clear break above the $445 resistance zone could open the doors for a fresh increase above $450. The next major resistance is near $465, above which the price could surge towards the $480 level.
More Downsides in Ether (ETH)?
If Ethereum fails to clear the $440 and $445 resistance levels, it might extend its downside correction. An initial support on the downside is near the $425 level.
The main support is forming near the $420 zone. Any further losses could lead the price towards the crucial $405 support (a multi-touch zone) and the 100 simple moving average (4-hours).
Technical Indicators
4 hours MACD – The MACD for ETH/USD is slowly losing pace in the bearish zone.
4 hours RSI – The RSI for ETH/USD is still above the 50 level.
Major Support Level – $420
Major Resistance Level – $440
