Ethereum formed an inside bar yesterday, after its largest rally in weeks. It has now broken the high of this inside bar and is retesting the breakout level at 213.84.
A large volume spike as the price came back to retest means there’s a real possibility of a double top. Alternatively, if the bulls can defend 213.84 with all that selling we should see another solid rally. Either way we should see a substantial move soon.
A large volume spike as the price came back to retest means there’s a real possibility of a double top. Alternatively, if the bulls can defend 213.84 with all that selling we should see another solid rally. Either way we should see a substantial move soon.