Give a like to support! We should see a drop down within a couple days before a shoot up or past the channel
Looks like a double bottom or could just be bouncing off the red trend line to the resistence levels
I think we could be seeing a bull trap with possible abc. i believe the markets did not reach a low enough position for the longs and the media sparked this burst. So bears pumped prices up with media burt for a bear trap. Like if you support!:)
The blue line is support at .32ish if we can break up to the purple line then expect a break out upward of the green line to resistence. If we follow the red trend line down thenn exspect to see .26 LIKE IF YOU AGREE
This is just a prediction, but look at my past ideas to see how accurate I was! Enjoy LMK what you think Dont forget to like!
I think ETH will go down more bc of low volume and this falling triangle (i do not know if there is a technical term for this, if so LMK) please take a look of this analysis below i made a while back!! -----------https://www.tradingview.com/chart/ETHUSD/EbKp4pQ3-Big-Short-opportunity/ --------------------- I am a self taught student at a university and just...
LMK what you think!! Give it a LIKE if u think its a good analysis:)
i believe we are seeing a bull trap...like if you want more updates:)