Hi All,
I am back with the ETH. I really analyze the trends constantly but I just upload a new chart when I see something that is changing. I am not going to make it long. Do you guys remember this chart on Feb 27th.
If you guys check the trends, we nailed it down and now we are on our way to $680 through the EW similar as the one we are seeing in BTC.
Already went through the neckline of the H&S and we will find a lot of resistance at 680. And then what? It will be a great opportunity for the future. If ETH along climb over that point we will be out the downtrend channel and looking to the futre.
If it fail to break the downtrend channel we will have an EW failure and we will do double botton in the $450 range before starting to grow again.
I am back with the ETH. I really analyze the trends constantly but I just upload a new chart when I see something that is changing. I am not going to make it long. Do you guys remember this chart on Feb 27th.
If you guys check the trends, we nailed it down and now we are on our way to $680 through the EW similar as the one we are seeing in BTC.
Already went through the neckline of the H&S and we will find a lot of resistance at 680. And then what? It will be a great opportunity for the future. If ETH along climb over that point we will be out the downtrend channel and looking to the futre.
If it fail to break the downtrend channel we will have an EW failure and we will do double botton in the $450 range before starting to grow again.