$ETH Price Prediction 05/05/2022

$ETH Price Prediction 05/05/2022


$ETH Price Prediction 05/05/2022

$ETH Price Prediction 05/05/2022

Ethereum / U.S. dollar BITSTAMP:ETHUSD
CheddarBizcuitz


$ETH Price Prediction 05/05/2022

Price rejected at 2950 potentially making this the last attempt at reversal for some time.

I do believe that a test was possible if volatility was spread over several days versus a single candle push.

Note that the high for the critical candle in this scenario remained below the push close; this ultimately led to further decline through a number of weak support attempts.

Although we’re currently being held at the lower short-term (blue) line, we’re still within (closed) the next long-term zone and therefore I sold a portion of my portfolio.

From here I would expect ~2500 end of May or early June. I will try to attach a D1 chart for clarification.