BTC is likely to be faced with another resistance point. This is completely theoretical. 2550-27500 may be upper the limit (at BTCe) and the probable shorting zone. This will coincide with the ongoing BTC soft fork issues.
This pitchfork chart is just to share the price channel/trend so far...
After breaking the previous long-term triangle, ETH is following another support line for the past few days. This triangle is based on the new support line.
Please observe the triangle marked between the flags. This will give a rough guidance about what to expect in terms of ETH price after the next 48 hours... very crucial period now.
Please check periodically where we are. Press the play button to see progress (works on computers)