50 Day Moving Average Still holding as resistance

This is the key moment where Etherum is going to choose a direction, imho. The 50-day moving average has only been crossed bove once! The trend still favors the downside. I believe the 50 DMA and the upper band of the logarithmic trendline have been holding as resistance. I am guessing the probability leans to the downside as the indicators I mentioned have held firm. Good luck all!!

The News:

Largest Brazilian Brokerage to Launch Exchange for Bitcoin and Ethereum

The largest brokerage in Brazil will enter the crypto space by launching an exchange for Bitcoin (BTC) and Ethereum (ETH) in the near future, Bloomberg reported September 21.

cointelegraph.com/news/largest-brazilian-brokerage-to-launch-exchange-for-bitcoin-and-ethereum