Ethereum forecast worked out well.

٢٣ ديسمبر ٢٠٢٠

Ethereum forecast worked out well. Short term bullish yesterday ended when ETH met 638 resistance and got rejected. Now 4H candle bouncing from 590 support, but the way it dumped here doesn't make this chart look very bullish.

Nearest resistance at 617-620. Before ETH approach it we may see 1-2 days of consolidation. Bearish scenario - nearest 1-2 candle break down 590 and ETH head towards next support at ~576.