renatorez2

renatorez2

I just copied the rate of increase at the end of the month (May to June) and positioned it on top of the end of the month now (June to July). We are experiencing the exact same rate of increase. There is a possibility that ETH will not have the strength to break the next resistance lines (red rectangles) and therefore this increase may last up to 3 days longer...

renatorez2

I'm taking Fibonacci Regression and Linear Regression into account to define this bearish bias until late July (early August). As previously happened, during the monthly closing, the ETH value should rise another 10 to 15%. However, the downward trend of the BTC and ETH will probably only be broken in about 5 to 6 weeks, and therefore the linear regression is...