EthereumDiupdate Etherium
I predict it will go up to bounce off the short term channel former support, now resistance, (A) drop to support at 1733 and bounce here, possibly right up to 1880 or more likely remaining within the triangle and down to the boundary of the LONG TERM CHANNEL (C) (which is the channel we should be looking at) where we can expect it to reverse.
I new at this, so I advise you to compare this chart to others before you invest against it.
I new at this, so I advise you to compare this chart to others before you invest against it.
Catatan
Not too far off. Looks like it hit the extension of that short-term channel and got bogged in the 1800s like it has been doing. It looks like resistance is holding for now at 1785, but if that breaks it could drop to 1733(ish). I THINK (hope) that if it manages to touch the channel boundary right around where the support and downward trend line meet, there could be a really nice bounce and begin the run to 2000.Catatan
I really should have added that 1838 resistance line, it's pretty strong.Catatan
Pretty clear trend reversal, almost exactly as predicted, heading up through the 1800s with authority!
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