Ethereum Back in Comfy Channel

in ethereum •  7 years ago 

Ethereum seems to have made it's way back into a comfy channel which is firmly supported by the $300 psychological level, and resisted by the $306 level.

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Lower support sits at $294 still, with ETH holding closes above $296 in the longer charts. This area shows to be a huge support as the bulls rally at this level.

Volume is fading from a nice rally this morning, with cryptos all over the board.

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Technicals still show plenty of bear momentum as we remain in overall down trends. If the $300 can't hold, we're looking at another retest of the $296-294 support levels.

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Thanks for sharing... Love it.

@ca-life Thanks! :)

When will it go past 400, I bought a few around 400, holding for now.

Long term, absolutely. But I'm not sure when. Cryptos are waaaay overly bought and will correct just like after the boom in 2013. But if you're not selling for a while, doesn't matter. Just like house values :)

Pls more

とても分かりやすくて、参考になります。