Prepare for some volatility on ETHEREUM!
Updated
Short analysis for today, nothing interesting happened in the market.
But..
Do you recognise this pattern in the crypto market? You do right?
Statistically, this pattern (bull-Flag) is considered a bullish pattern. We should break one of the resistance in the next 4/5 hours max.
In this case we could go and test the 160$ area again, but we need some decent volume.
On the other side a break of the supports, could drift the price to the 125/130$ area again
What is your opinion?
Let me know in the comments!
Bfcm
But..
Do you recognise this pattern in the crypto market? You do right?
Statistically, this pattern (bull-Flag) is considered a bullish pattern. We should break one of the resistance in the next 4/5 hours max.
In this case we could go and test the 160$ area again, but we need some decent volume.
On the other side a break of the supports, could drift the price to the 125/130$ area again
What is your opinion?
Let me know in the comments!
Bfcm
Comment
Seems to be a real break-out with a reintracement. If we don't go below the support line, we should rise more.
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