AzrulAzir

ETH "Resistance"

AzrulAzir Updated   
COINBASE:ETHUSD   Ethereum
Hi, welcome back.
We have some important key level for ETH

We have parallel channel up as major trend at Ethereum. This pattern target at resistance around 151.45 and this is a good bullish target.
But we have many bearish sign for ethereum, maybe 151.45 is not easy to reach.

As u can see, fibonacci support already break down, and this is very bad for bullish.
we also have channel down perform. Resistance channel down will be our next bullish key level.
If this resistance break up, i will update this analysis.

ETH will retest channel up support at 133.67
if this support break down, bearish target at 131.28

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