Hello Everyone,
We have obviously been in a bull run for some time which creates dips and dumps as we are in right now.
The graphics above is on the hourly. As you see above, we see an obviously head and shoulders pattern that has been repeating itself. We are currently going down to the last shoulder before it goes back up. Ethereum has been back testing and cruising the trending line at around 2400-2500. We will probably see Ethereum dip back down to 1,600 which will create its resistance and go back up with its support. I will be buying ETH when it is well above the trending line which will make it go back up to 3,000 and above.
Ride out the dip a little longer until it breaks the support and trending line which we will see it ride up again.
Thank you for your time and please support by liking and following my page for more analysis graphs to come.
We have obviously been in a bull run for some time which creates dips and dumps as we are in right now.
The graphics above is on the hourly. As you see above, we see an obviously head and shoulders pattern that has been repeating itself. We are currently going down to the last shoulder before it goes back up. Ethereum has been back testing and cruising the trending line at around 2400-2500. We will probably see Ethereum dip back down to 1,600 which will create its resistance and go back up with its support. I will be buying ETH when it is well above the trending line which will make it go back up to 3,000 and above.
Ride out the dip a little longer until it breaks the support and trending line which we will see it ride up again.
Thank you for your time and please support by liking and following my page for more analysis graphs to come.