Ethereum seems to follow BTC and has also created an Adam and Eve bottom. The target for this Adam and Eve bottom would be $279, confirmed after breaking $235.
However, we will still see big resistance at the $250, that's where the algorithms who went long will take profits.
Everything seems really bullish right now, however, nothing of this is confirmed as long as the neckline at §235 doesn't break.
For now we have to break $220 first to not fall back.
However, we will still see big resistance at the $250, that's where the algorithms who went long will take profits.
Everything seems really bullish right now, however, nothing of this is confirmed as long as the neckline at §235 doesn't break.
For now we have to break $220 first to not fall back.
