Yesterday ETH has risen quite a bit. And so far, it hasn't shown much movement. In fact, I posted a short analysis saying that ETH is likely to rise, and I immediately deleted it. The chart shown above is a 10-minute ETH chart. As I saw earlier, I thought the current flow was a rising . But in another way, the flow looks like a rising flag. The reason I wrote it is because no matter what the current flow looks like, I've seen it as a place of decline. The reason is that I thought by looking at the ETH 3 hour chart.
For these reasons, I thought this flow would lead to a decline.
But for now, I don't know if the way the candle approaches the 20day line will be sideways or downturn. However, whether the price is going sideways or falling, it seems to be close to the 20day line.
If the candle falls and approaches the 20-day line, the price is likely to look at $ 178 to $ 180. I think this ascension has become a catalyst to reverse the direction of the 20th day of the 1day chart. However, while the 20-day line is still in decline, I think you will see a change in the next few days. In my opinion, the 20-day line is not easy to bend, so I expect the price to fall. As the overall trend is rising, I think it will drop to $ 184 ~ $ 186 first, but it may be accompanied by excessive selling, so I think it's better to watch first.
Today's analysis is up to here.
Hopefully the rest of the day will be filled with pleasant things.
Today, everyone had a hard time surviving today. I think you are struggling like this to survive and to be happy like me. I sincerely hope your efforts will have a positive result and I will go to bed. Have a peaceful night and see you tomorrow.