Price continues to test short-term resistance (black) with another attempt to break towards 3200.
Current triangular pattern has been adjusted to incorporate PA from the 3k flip using the dotted black line.
Long-term trendline now acts as the pattern ‘average’ where transitioning past pattern turns it into a second resistance layer.
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ETHER FRACTAL/CYCLE STUDY ETH/USD COINBASE:ETHUSD chacho91 Reviewing Ether’s cycle, it contracts and expands but follows the same peaks and valleys. The notable characteristic here is the spring action it takes in the purple box. This […]
ETH Bearish Week Ethereum / U.S. dollar BITSTAMP:ETHUSD BlkGekko This the new entry level for ETH. We setting up a Head & Shoulder, – Broken counter-trend. – Retesting the back end of that CT . […]