Surely, the 1st time touch the major downtrend line, the price drop
--if we project last year high to this year high, the major downtrend resistance is around 250. ETHUSD tested it yesterday. Some locked down floating position escape from 250.
The trend is Keeping well of the uptrend of yesterday's dump. Volume is reasonable.
Guess and bias judgement: Maybe it is a healthy correction. Due to waiting to buy orders are in place, Maybe will it test support again, maybe not.
Our bias guess the probability is high for coming back to test the high side again,
-- said: ETHUSD will come back to challenge the high again (250), soon.
--if we project last year high to this year high, the major downtrend resistance is around 250. ETHUSD tested it yesterday. Some locked down floating position escape from 250.
The trend is Keeping well of the uptrend of yesterday's dump. Volume is reasonable.
Guess and bias judgement: Maybe it is a healthy correction. Due to waiting to buy orders are in place, Maybe will it test support again, maybe not.
Our bias guess the probability is high for coming back to test the high side again,
-- said: ETHUSD will come back to challenge the high again (250), soon.
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