ETH UPDATE

٩ يوليو ٢٠٢٠

Sorry for the messy chart but I’ve been adding throughout the week. ETH had a nice run with the other alts but it landing back under the trendline from the previous high. Break $241 and flip it...we are good. If not expect further downside. $250 seems like a strong resistance. I saw thousands of ETH being transferred to Exchanges in the past 24 hours so I’m not convinced the whales are done emptying their bags (check glassnode alerts on twitter). I’ve noticed two things the last two years..doge and XRP are always the last to pump during a bull cycle. Could be wrong since 2020 has been a crazy year.Regardless, ETH is the only one I’ve been accumulating on the dips. Stay safe