StonkUp

StonkUp

There has been a healthy correction in the crypto market and ETH is looking prime for a rally to the $5000 mark before end of year. Looking at the Ichimoku Cloud, the prices could start to rally around November of next week. Let's wait and see!

StonkUp

Ethereum has seen some explosive moves this last week from $1700 lows. These price movements might be optimism for the London Hard Fork that is coming within the next 2 weeks. There is strong resistance around $2200 and, in my opinion, will lead to the final downward move to $1500 before finding strong support. In addition, there is a Fib. Timezone in August which...

StonkUp

Ethereum has been slowly falling and has touched the resistance levels 3 times without breaking through. The most resent upwards push could be the last before a major downturn in the market. I can see a good buying opportunity around $1500.

StonkUp

If ETH can pass the $3000 resistance line then we could see the old highs of $4000 be retested. If it can't break past, then I believe ETH could fall to the ~$1600 lows before finding strong support.

StonkUp

As Ethereum keeps getting pushed higher and higher, we could see a pull back from the $4,000 area as it is a mental resistance zone for many holders and a Fib. Retracement line. If this occurs, there will be drop in prices to around $2,000 where strong support can be found near the top of the Ichimoku Cloud. Let's wait and see!

StonkUp

Big drop in crypto across the board. A correction is important for the long haul. If support holds then we'll know that ETH will fight another day for ATH.