#ETH max 231-234$?? - #Swing setup I am long on ETH -
also have been accumulating, after bitcoin I think only Ethereum has a good chance of surviving on the long run
for ETH to start a BULLRUN & achieve new highs we have to break the weekly trendline
last time interestingly price was stopped at .705 Fibonacci retracement from the top, this time around it's at around 234$
I will keep an eye on this level if I see good rejection might just enter a swing short!
also, this will confirm an HTF downtrend Lowerhighs & Lower Lows, which will lead to my idea what if we just go sideways for a few years before starting a new Bull cycle -
interestingly trend line resistance at 234 & IF we hold the support on weekly at 100$ will confirm a descending triangle that might be forming
