Ethereum Analysis
Based solely on what we are seeing here, Ether has been on a downtrend but has managed to hold around the 50% retrace. This is very important resistance for Ether. If Ether can remain above this level it will become very bullish. Be expecting a high volume breakout from the trendline. If it can hold this level I can see it making a move for its all time high. Please LIKE if you agree, thanks!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.