Currently looking like an overall upwards trend as we hover around the current support line, but resistance above continually gives way to higher peaks. Expecting NXT to bounce between various resistances and supports in the center before returning to the support line of ATH-levels as the new, higher-tier resistance level.
Overall an upward trend with steadily rising resistance and support levels; however, potential for ETHUSD to drop down dramatically (dump) if it crosses the lower parallel line significantly.
Judging by pattern coinciding with Fibonacci, every time LTC fails to protrude above the next Fibonaaci level, it experiences a drop to 2 levels lower or more. (When it does protrude, dips only to the extent of the level it just passed.) Based on the recent "failure" to pop over 0.236, we may continue this downtrend until it reaches the upward support line before...