After exiting the previous bullish channel another symmetrical triangle is forming in a similar way that happened 2 days ago. Growth expected to be at least of 10% reaching or even surpassing the 317 resistance. Breaking this resistance ETHUSD could reach 20% growth in next 48h After last week flash crash ETH investors are restoring the confidence in Ethereum future and while volume is moderate the trend is absolutely bullish.
Comments
silmaril0875
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What about the 4H overall down trend?
veilkrand
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@silmaril0875, this prediction is void now. The market is very volatile. We would have an uptrend during the weekend around the 317 resistance
silmaril0875
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@veilkrand, I can see that but I think we heading into another correction here... Volume is very low and it seems people are waiting for the first bullet to leave the barrel...