ethereum channel identified and potential reversal

2017년 7월 31일

from the logarithmic chart there is a clear channel of where ether was headed, and then it exploded, and was unsustainable.
the resistance indicated at the $160 mark from may and june show that its possibly the area where ether will stabilize.
bitcoin's hard fork will keep the price a bit higher due to people wanting to save their money, but in the long run, the bear market will continue.
Im holding bitcoin until ether hits $160. then i'll check which channel it decides to stay in, and make my decision based on that.

any thoughts are appreciated, good luck.

2017년 8월 1일

노트

august 1st bitcoin hardfork:
ether shot up, but hasn't really "broke out" of the channel, on the logarithmic chart, so i still believe that the bear market will continue.

it can go anywhere though.