Solldy
Short

ETHUSD 💲 Price Is In The CHANNEL 📉

BITSTAMP:ETHUSD   Ethereum / U.S. Dollar
As we can see, the price is now in the channel. I think that ETHUSD will bounce off the support zone and reach the upper channel line, and then bounce down and reach support
line.📉

Do you agree?)

Your Solldy.

Comments

nice chart
+1 Reply
Solldy Lingrid
@Lingrid, Thanks!)
Reply
Solldy Solldy
@Lingrid, Do you support my opinion?)
Reply
Lingrid Solldy
@Solldy, well i think a strong support line will keep the price down
Reply
Solldy Lingrid
@Lingrid, Okey, will see)
Reply
That would be a bearish retest, let us wait for it. Thanks for sharing your idea 🐻‍❄️😃
Reply
Like it! congrats 🚀🦐
Reply
Yes i do agree, but for another reason. The smaller channel you show is located in a larger channel that ETH has been bouncing off of for a long time and even perhaps the larger channel is located within an even larger channel that spans 5 years ? Perhaps you could expand this chart a few times and see if we have channels within channels ? I have a linear regression chart somewhere on my computer that shows the history of ETH since it's inception and it is bouncing up and down, while moving upwards ( not downwards ) at the same fashion. it's all a matter of perspective. I hold ETH as a long term investment and just watch it grow.

Thanks for the chart.

Ward Weaire
Toronto, Canada
Reply
Solldy WMWToronto
@WMWToronto, Your thoughts seemed very interesting to me!)
Reply
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