will we break bullish? honestly here is my take because bitcoin is under heavy heavy resistance range 6700-7k range because the two are coorelated Ethereum doesn't want to seem to break out of massive resistance by itself so it is waiting for bitcoin to break out first because once eth breaks the massive resistance at 232 we should see an insane massive rally to atleast 250+ in literally a matter of hours and because bitcoin isn't ready to break up with it its making either hesitate much longer then expected
Suggests that the price should revisit the lower trend created by the low at 168 & the lows at 194/195?
Kryones
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Also, the momentum looks to be slowing. Depends on how this candle closes.
jordanmorin13
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@Kryones, I personally believe we are going to have a big rally in the coming weeks to 400+ AFTER we hit those ranges it is possible to come back down to the lows of 168 or 190 or even lower but I think short term we wont be revisiting those ranges I think we are about to take off