Important Update on Ethereum Breakout
Updated
Aloha, everyone.
I just wanted to quickly make this post to inform all my readers that Ethereum is forming a descending channel on the 30M chart. The price should drop to around the bottom purple support line before rebounding, expect a breakout before reaching $134. I'm betting on a rally up to at least $142 resistance if the price continues in this downward channel, assuming price doesn't drop below support $132.
For the time being, I'm going long on Ethereum to breakout to $142.
We've correctly predicted the Bitcoin and Litecoin outbreaks, can we predict Ethereum?
Thanks for reading, leave a like if you agree!
I just wanted to quickly make this post to inform all my readers that Ethereum is forming a descending channel on the 30M chart. The price should drop to around the bottom purple support line before rebounding, expect a breakout before reaching $134. I'm betting on a rally up to at least $142 resistance if the price continues in this downward channel, assuming price doesn't drop below support $132.
For the time being, I'm going long on Ethereum to breakout to $142.
We've correctly predicted the Bitcoin and Litecoin outbreaks, can we predict Ethereum?
Thanks for reading, leave a like if you agree!
Comment
Breakout is going on now - watch for potential pullback though.Comment
Pullback.Comment
Rebound after pullback looks to be showing strong signs of bullish action.
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