Possible Roadmap For ETH in coming months?
Updated
Ethereum is currently trading between a major support (green) and a resistance line (red).
Many people are calling for lower than here...
If the green support line holds though, this could be one path that we take to eventually break the major resistance line and move upwards?
I see no current reason for the support line to be broken, therefore I don't think the resistance will hold when the time comes.
Many people are calling for lower than here...
If the green support line holds though, this could be one path that we take to eventually break the major resistance line and move upwards?
I see no current reason for the support line to be broken, therefore I don't think the resistance will hold when the time comes.
Note
There's been a lot of panic the last few days about where the price is headed. Just want to remind those of you who are following that my chart seems pretty accurate so far. It's possible that we bounce around between these two red lines in a slow bleed down before a breakout.Even if we break down, there's little evidence that we will break the strong green support.
So don't worry :)
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