Ethereum analysis.

2021년 3월 4일

In previous BTC analysis, I predicted it could follow the ATH trend from 2017-2018.

If my predictions are right, etherum should also see some positive movement until 20th of march roughly, and then start to dip as every crypto follows BTC.

Now, on to the Ethereum analysis.
I predict its following the trend from early weeks of January and I have drawn a very clear price movements of it with green color trend line.
As previously seen, right after the red line in the month of January, Ethereum price likes to test the resistance at least 3 times before it breaks past the resistance and on towards a huge positive price movement.
Then eventually coming back to its support, which is gonna be the 3 times tested resistance of the current price level in the next 2 weeks roughly.

I know this is a wild and a very precise prediction, and I could definitely be wrong. Which is to be expected as markets are very volatile and are dependent on many many factors that drive the price up and down.

Goodluck traders!

As always, i just do this for fun, i am new to this. I just like watching patterns, analysing them and making predictions. Do not sell/buy based on my predictions.

Thank you.