@('.')@
Just a monkey practicing it's artistic skills - do not take as advice or everybody will laugh at you!
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Eth has been building a prolonged bull flag which has a resemblance to previous actions. If ETH cannot break resistance, bulls will run out of steam and we'll see ETH fall back to low 500's and then dive under that to the buy-zone ~450. In case the resistance around 550 will be broken (less likely at this point IMO) we'll see ETH jump to 600's until next resistance point. If 560 turns to support I would see this as a bullish sign. This sideways action has been going on for over 24 hrs, so likely movement up or down (+-50) will occur soon.
This is just for my self-education and for lols in the future, so just ignore this :)
ps. Tips welcome
==========
Just a monkey practicing it's artistic skills - do not take as advice or everybody will laugh at you!
@('.')@
Just a monkey practicing it's artistic skills - do not take as advice or everybody will laugh at you!
==========
Eth has been building a prolonged bull flag which has a resemblance to previous actions. If ETH cannot break resistance, bulls will run out of steam and we'll see ETH fall back to low 500's and then dive under that to the buy-zone ~450. In case the resistance around 550 will be broken (less likely at this point IMO) we'll see ETH jump to 600's until next resistance point. If 560 turns to support I would see this as a bullish sign. This sideways action has been going on for over 24 hrs, so likely movement up or down (+-50) will occur soon.
This is just for my self-education and for lols in the future, so just ignore this :)
ps. Tips welcome
==========
Just a monkey practicing it's artistic skills - do not take as advice or everybody will laugh at you!
@('.')@