Rule72

Get Out of the Web

Rule72 Updated   
BITSTAMP:ETHUSD   Ethereum
ETH has gone to previous Green Target 2 and then back to base yet again. Now things are getting decisive as we are sitting in such a web of notable levels that getting out could lead to some notable moves. As mentioned in the BTC analysis: Strange things have been happening on the exchanges and that means that Money Man must update the analysis.

Conclusion: Support and resistance might seem wide apart, but ETH is entrapped, and a breakout will make people sit up and take note. Keep an eye on BTC: ETH does like its buddy. Remember that there are no guarantees but only probabilities. Very Important to me: Please like if you appreciate the effort, Please comment and develop this further and Please follow if you think this analysis thread is going somewhere you would like to know about.
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