EthereumEducation
Historical downward movements of ETHUSD from current price
So I was interested in knowing how ETHUSD might move down from current price, such as potential support levels and possible reactions & reversals zones. I got to looking at the 2 major peaks last year in June and September that current price was major resistance to and it seems likely that IF ETHUSD continues to fall, it could react somewhat similarly. So I copied their paths starting at current price (both leading up to (Flipped) and leading away from (Forward)) and stitch them onto current price.
So these colored lines are actual historical prices ETHUSD have followed from current price in the past.
black: 6/18/2017 to 8/29/2017
blue: 8/29/2017 to 6/23/2017 (Flipped)
red: 6/12/2017 to 4/22/2017 (Flipped)
orange: 9/2/107 to 11/22/2017
purple: 11/22/2017 to 9/2/107 (Flipped)
So these colored lines are actual historical prices ETHUSD have followed from current price in the past.
black: 6/18/2017 to 8/29/2017
blue: 8/29/2017 to 6/23/2017 (Flipped)
red: 6/12/2017 to 4/22/2017 (Flipped)
orange: 9/2/107 to 11/22/2017
purple: 11/22/2017 to 9/2/107 (Flipped)
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