Ethereum has been trading perfectly inside this channel. It should stay in this trend area until after the Chinese new year. Unless Ethereum breaks the channel, expect it to keep declining down to 158 support area.
The bearish flag shown here has now been confirmed. Drop down to next support level will happen sometime in the next 24 hrs. Next support level ranges from 154-160. Be ready and dont let the bears get you. The only way I am not bearish is if Eth can break 168 in the near term. If Eth cant break 168. Bearish all the way into the next support level. Look at the...
This chart that I created 5 days ago that I was using to trade with was very accurate. It bounced off the 6 month resistance line at 179. We will not see any higher highs than 179. Going to retrace back down to 156 area. Major support leads there. The Chinese New Year is coming up in a week. Crypto has never been up in the Chinese new year before. Listen to the...
