If breakout upwards by 5%, to 342CNY, Uptrend may be truly formed
ETHUSD may breakout to the upside by 282USD, and rise about 25% by 353USD.
May go down to one of the three supporting levels and throwback. If price break the upper yellow guide line, uptrend(big or small)will come.
Keep an eye on BTCCNY future correction possibility
Firm uptrend may form when break 340CNY. I'm buying and waiting...
ETHCNY resist and support level prediction
Sideways occurs between the vertical black lines; and the curve is turning downwards when price moves out of the right black line. if price keeps go up, uptrend will be formed.
Sideways occurs between the vertical black lines; and the curve is turning downwards when price moves out of the right black line. if price keeps go up, uptrend will be formed.
Short-term bullish movement may occur. 1950CNY(288USD) could be a resistance.
A Descending Broadening Wedges Pattern is formed. Price may go up to 325CNY, even 340CNY. However, if decline down to the upper guideline at 270CNY, downtrend may come.
I'm new to trading, this is something I'd like to share with you guys. According to the daily chart pattern, LTCCNY may form a Symmetrical Triangle in the coming 2 months or so. However it still needs at least one more minor high for this formation to be concrete.