$ETH Price Prediction 04/17/2022
Ethereum / U.S. dollar BITSTAMP:ETHUSD
Sorry for the late post guys.
Seems like we got another slight push to send us above short-term resistance (solid yellow) but price still remains below the long-term trendline.
As discussed in yesterday’s post, transitioning towards the intersection point of magenta and long-term will add a second layer of resistance for future PA.
Use the indicated trendlines and highlighted zones to determine where and when a breakout could occur.
The good sign so far is that we are holding towards resistance (vs support) with weekly divergence still in play.
