I think with all this new money pouring into crypto ETH could break up the resistance trend line like BTC did and go parabolic!
This looks like a bull pennant forming with the current price bouncing of the horizontal support. this could very easily break up if BTC drops again.
This is my first try at doing parabolic lines so please be kind. Any thoughts are welcome!!
I think if we continue with this pattern and ETH breaks through ATH resistance line then we should see some FOMO action! IMO. Thoughts?
Getting tight here! Strong support with two clear lines of support. I think we have seen the bottom of ETH. After the fork of BTC once people collect the airdrop we should see heavy buys come back to ETH. IMHO
I see BTC returning back to main support around 3300 with Chinese exchanges closing. Then it will push for a last time to break trend line and turn bullish again.
I think BTC will easily hit $3000. This year has been super bullish for BTC and it needs this big correction. I wouldn't be surprised if it goes to $2400.