Here we try to clarify what could happen in the coming days, after the great correction of the currency of the etherium and breaking many levels of resistance, so that the price was committed with a downward channel that started from $ 1,250 down to $ 750, the ratio was about 54%. As the market started to rebound, Positive on the rest of the currencies.
In the daily time frame we see a strong position between $ 500 and $ 600 where the price touched several times earlier and rebounded upwards.
The bearish channel was broken and the price rebounded from the support level of $ 750, now the price is heading towards a resistance level at $ 950
In the daily time frame we see a strong position between $ 500 and $ 600 where the price touched several times earlier and rebounded upwards.
The bearish channel was broken and the price rebounded from the support level of $ 750, now the price is heading towards a resistance level at $ 950