Just like its older brother ETH is forming descending channel pattern. I think it is destined to break through the channel with the volume. However, we can see one more lower low.
If breakout does happen expect ETH to see 800$.
I think the bull market is nearing. End of June and beginning of July may very well come with BIG gains.
This is not a trading advice and I am not responsible for any losses may occur form following this trade.DYOR
If breakout does happen expect ETH to see 800$.
I think the bull market is nearing. End of June and beginning of July may very well come with BIG gains.
This is not a trading advice and I am not responsible for any losses may occur form following this trade.DYOR
Comment:
ETH bounced at 0.786 fib line as expected. The market looks up to btc at the moment. If everything goes as planned we should start to go up with buying volume.Time to pay attention
Comment:
Failed to bounce at 0.786. May go down a bit more before bouncing.