3rd times the charm maybe? sorry for the spam followers if this doesnt work just use the price bar to scroll.
Alright so we have a descending channel with 2 scenarios here that ethereum could choose if it chooses the upper less likely path of the two then we will reassess as those yellow lines are all preliminary and multiple continuation patterns can form. We have tested the most recent high of the inside of the channel on this last push. I could see it getting back to the Early sept high but this bear market we are in currently makes me think that we are going to break through the bottom of this channel heading for more low prices between 135 and 167. It is entirely possible that we hit even as low as high 90s to low 100s if this channel breaks as you can see from the purple lines on said chart. I had a better description of this chart the first time i wrote it but forgot to copy it so this is what you get :P
this isnt financial advice but just what i see and is an opinion hope it helps make a decision of where youre at but i will be looking closely for a break in either direction.
Happy Trading :)
Alright so we have a descending channel with 2 scenarios here that ethereum could choose if it chooses the upper less likely path of the two then we will reassess as those yellow lines are all preliminary and multiple continuation patterns can form. We have tested the most recent high of the inside of the channel on this last push. I could see it getting back to the Early sept high but this bear market we are in currently makes me think that we are going to break through the bottom of this channel heading for more low prices between 135 and 167. It is entirely possible that we hit even as low as high 90s to low 100s if this channel breaks as you can see from the purple lines on said chart. I had a better description of this chart the first time i wrote it but forgot to copy it so this is what you get :P
this isnt financial advice but just what i see and is an opinion hope it helps make a decision of where youre at but i will be looking closely for a break in either direction.
Happy Trading :)
Order cancelled:
Closed awhile ago didnt work out. clearing out some of the old charts.