RE: Does this chart look bullish or bearish to you?

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Does this chart look bullish or bearish to you?

in bitcoin •  3 years ago 

Ethereum Price Analysis

Ethereum price started a fresh decline from the $3,250 resistance against the US Dollar.
ETH price is now trading well below $3,500 and the 55 simple moving average (4-hours).
There is a key declining channel forming with resistance near $3,150 on the 4-hours chart (data feed from Coinbase).
The pair could start a steady upward move if there is a move above the $3,200 level

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Thank You for sharing...