ETH/USD approaches channel border.
Of course we all can say that ETH will go to the MOON and back, but looking at the volume You might ask Yourself - if nobody wants to sell who will buy?
Comparing volume from December last year to volume from January and February combined, You can notice straight away that although we had 60% drop in price the volume was poor and less than average.
Right now we see that buyers are trying to break channel for the 3rd time in 10 days period but with such a weak effort that we can only wish of going up.( at least today)
What’s Your opinion.
Of course we all can say that ETH will go to the MOON and back, but looking at the volume You might ask Yourself - if nobody wants to sell who will buy?
Comparing volume from December last year to volume from January and February combined, You can notice straight away that although we had 60% drop in price the volume was poor and less than average.
Right now we see that buyers are trying to break channel for the 3rd time in 10 days period but with such a weak effort that we can only wish of going up.( at least today)
What’s Your opinion.