ETH / USD Consolidating and Big Move Coming

2017年7月23日

Seems ETH has been consolidating between 200 and 225 range for quit some time now. Also could be potential flagpole and pennant formed. We should see a serious price movement in the next few days. Up or down is anyone guess. Ive been locked in and im going longer and I still remain bullish as eth has broke out of the downward bearish trend we have been in for the past month. I drew two dotted lines the light blue being the major support line of about 205 and the light pink line being the resistance range of id say 225-230. If there is a clear break out above this we can go to the 275/280 range which id say is the next level of resistance. If we break out down we may retest previous supports at 200 and 180-185 area. Happy and safe trading! KST wave also shows that ETH has been consolidating and a huge move is likely in the coming days.