Potential continuation of the consolidation part for ETH.
We can see the resistance and support lines for Ethereum. The support seems strong with many data points, on the other side, we have 2 data points for the resistance (upper blue line). I expect at least one more rejection before we might break to the upside, but this also depends on the ETH/BTC chart, if ETH can break the resistance on that chart, we can see a break on this resistance as well.
Have a good week everyone!
We can see the resistance and support lines for Ethereum. The support seems strong with many data points, on the other side, we have 2 data points for the resistance (upper blue line). I expect at least one more rejection before we might break to the upside, but this also depends on the ETH/BTC chart, if ETH can break the resistance on that chart, we can see a break on this resistance as well.
Have a good week everyone!