Etherium Technical Analysis 8/1/20- Beginner
Updated
Hey guys,
This is my first go at technical analysis with some help so there might be some errors. If you see I have done something wrong please point it out, I welcome constructive criticism, please don't be an asshole about it though.
With that being said I think that Etherium will be making a large move soon. I think it will most likely go, if so, quite a bit if it rejects the support.
Looking at how soon the Pennant pattern comes to a close I think we will see them move a bit after midnight and in the early morning on the 9th of January.
This is my first go at technical analysis with some help so there might be some errors. If you see I have done something wrong please point it out, I welcome constructive criticism, please don't be an asshole about it though.
With that being said I think that Etherium will be making a large move soon. I think it will most likely go, if so, quite a bit if it rejects the support.
Looking at how soon the Pennant pattern comes to a close I think we will see them move a bit after midnight and in the early morning on the 9th of January.
Note
EDIT: Looking back on this its can be seen that after fallout out of the wedge it retested, converting previous support as resistance. This was followed by a breakdown of 20%.
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