just the vibes. I feel like this is going to get going soon. did well in the past.
Looks like theres a downtrend channel. possibly narrowing. once the "dip" is over ~$3000 then off to new highs again in month or so once ETH deflationary hype kicks in
I think there's long term support at around $450-500 USD and if we can hold that range we'll break out into a new trend mid April. I guess the market will hover around $500 until there's more confidence in the space.
Super basic triangle analysis. ETH @ $300 mid year.
buyers are eating the sellers. higher highs, higher lows. if resitance at $200 is broken expect a bump up to new resistance around $300.
This is a totally speculative, non-technical, analysis - just for fun. Assuming that COINBASE:ETHUSD follows similar patterns to the last few months( which it most likely won't!) then we should see a 100% gain in ETH over the next 2 weeks and then a sell-off. Here's hoping...