Ethereum - Post Correction Era

Hello Traders,

Here with have a 1H chart of ETH.

After the latest "big" correction ETH fell down by nearly 50% from its All-Time High, but quickly recovered quite a bit of the loss.
At the time of me writing, ETH broke out of the sideward trend.

If it manages to get in the upward trend I predict new highs.
If it fails it may fall back to the ~1'000 area.

I wish you successful trades!

تعليق:

I was quite accurate, ETH failed to get back in the Uptrend and fell back to the 1'000 area.
I don't think it'll move too much outside of the sideward trend until there are some major news that will drive it up (or down)

تعليق:

ETH once again reaching the head of the sideward trend ceiling, good day overall for the Crypto market, let's see what's gonna happen next :)

تعليق:

Broke through! I hope it'll us the resistance as a support now...