ETH - What Next?
Remember when MonoCoin said that ETH is moving on the edge?
That edge was a key support level for Ethereum which held the price up for too long.
Now that it's already broken, it's become very strong resistance area for our price range! And since we're already in a correction season, then it can cause a drop.
You can buy or open long positions for now until it reaches that area, but be very careful because it might push the price down stronger than you think.
And also about right now: there is one small resistance right where the price is right now, which might take a while to break.
By the way, this new re-tweet option on TradingView is awesome!
Current Market Price: $2015
Good Luck
Tell me your ideas. Like and Share
That edge was a key support level for Ethereum which held the price up for too long.
Now that it's already broken, it's become very strong resistance area for our price range! And since we're already in a correction season, then it can cause a drop.
You can buy or open long positions for now until it reaches that area, but be very careful because it might push the price down stronger than you think.
And also about right now: there is one small resistance right where the price is right now, which might take a while to break.
By the way, this new re-tweet option on TradingView is awesome!
Current Market Price: $2015
Good Luck
Tell me your ideas. Like and Share
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