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Ethereum
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9 Sep 2020
Ethereum in Consolidation, Downward Pressure Still evident!
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Ambil chart ini
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The Bulls and the Bears have been fighting it out for a few days now in a large consolidation pattern! Downward pressure is still evident.
I believe there are two likely scenarios to play out:
Scenario 1:
Push to the upper resistance line with multiple attempts to break resistance. Then large move to the downside.
Scenario 2:
Capitulation of the Bulls leading to large downward movement to bottom resistance
After this I think we will see if our longer term bull run will continue
Disclaimer:
I am not a financial advisor and this not financial advice. Please do your own due diligence when making trades
JackGreyfur
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Chart Patterns
crypotcurrency
cryptotrading
Ethereum (Cryptocurrency)
ethereumanalysis
ethereumidea
ethereumshort
Fundamental Analysis
Trend Analysis
JackGreyfur
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