(Augest 02 2018)Ethereum slips continue

ETH(ethereum)

=>>Support 支撑& Resistance (压力)<<=========

[S-strong(强)|M-middle（中）|W-weak（弱）]

S1	450.15	W	|	R3	650.13	S
S2	400.32	M	|	R2	570.52	M
S3	350.92	S	|	R1	515.44	W

Tend:

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=>>Market Forecasts(市场展望)<<===================

NEWS:Bitcoin is off the wagon, but one crypto expert says it’s only temporary.--YAHOO FINANCE.

.Ethereum has fallen to near the middle support $400 yesterday.As analysis at last post :" ETH my open the new decline channel",now we can see it.Although the price has reached the middle support,but the momentum didn't become weak,may be will test the strong support $350.
The technical structure short-term bearish continue.
Weak support lies at $450.
Weak resistance locats at $515.
Strong support is given at $350.
Strong resistance remains at $650.

As long-term opinion

. Ethereum will up-tend as long-term,the amplitude may not strong as before but will more steady.There is looklike that the currency could sideways trading between $330 - $1'100 in 2018.

市场要闻：比特币失控爆跌了吗？专家说了，那只是暂时的。---雅虎金融
Ethunm已经下跌到中档支撑位$400附近，正如我们在上一篇分析所说的，ETH可能接着会打开一个新的下跌通道，现在我们看到了。目前看势头仍在继续，可能会向强支撑位$350靠近。
技术上看短期将继续振荡下行。
第一支撑位在$450。
第一压力位在$515。
强支撑位在$350。
强压力位在$650。
长期来看，以太坊将呈振荡上升态势，波幅预计没以前剧烈，但会更加稳定。2018年可能在$330 - $1'100之间振荡运行。

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