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Solldy
Oct 26, 2020 7:50 AM

ETHUSD ❗ Price Goes To Intersection OF TWO Lines 📉 Short

Ethereum / U.S. dollarBitstamp

Description

Look for a strong support line. It started its career in March 2020. The upper support line also plays a significant role because it starts in August.👇🏼


Now notice the intersection of these two strong lines. I expect the price to bounce off the level at which it is now and go down to the intersection of these two lines.📉

Write your opinion about the idea under the post!

Your Solldy.
Comments
Lingrid
The price may still come to the resistance line at 429.26
Solldy
@Lingrid, The price has already broken through the level, this is look that the price will fall!
AvgJoe2019
Great call. Now 400 will act as resistance. I see ETH continue to struggle, despite positive fundamentals it is dogged by BTC. Good chance it plumets to 140 where this all started.
InkyGrip
perfect analysis! 🦐👍🏻
Solldy
@plancton0618, Thank u a lot!
mjxcrypto
nice one... keep up the good work...
Solldy
@mjxcrypto, Thank U!
DeGRAM
Obviously the price will bounce off the support lines later
Solldy
@DeGRAM, I also expect that later the price will do the same!
TradingAlchemist
fantastic, that's exactly what I think
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