ETH: REJECTING FROM RESISTANCE!!
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Welcome to this quick ETH update.
ETH is forming a big symmetrical triangle in the daily time frame and currently struggling to break the resistance level. This is a very crucial resistance line for ETH. We need a proper close above this resistance line for a good bullish movement.
As of now, it is rejecting the resistance line. I'm expecting more drop from here until and unless we did not manage to close above the resistance line. The strong support area for ETH is the $1400-$1500 level.
What do you think about this?
Do you think that we break and close above this resistance line or do you also expect a drop from here just like me?
Share your views in the comment section.
Thank You!
Welcome to this quick ETH update.
ETH is forming a big symmetrical triangle in the daily time frame and currently struggling to break the resistance level. This is a very crucial resistance line for ETH. We need a proper close above this resistance line for a good bullish movement.
As of now, it is rejecting the resistance line. I'm expecting more drop from here until and unless we did not manage to close above the resistance line. The strong support area for ETH is the $1400-$1500 level.
What do you think about this?
Do you think that we break and close above this resistance line or do you also expect a drop from here just like me?
Share your views in the comment section.
Thank You!
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