Hi everyone, ETH has been making a bullish move to the upside. First it broke the first resistance, it then went to the second resistance level. On its way to the second resistance level the bullish momentum decreases meaning that the second resistance is quite valid and could reject the price. It also formed an ascending channel which means there could be a bearish move when a breakout occur below the channel.
So I expect some bearish move to the first resistance which could become a support zone in the Future.
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So I expect some bearish move to the first resistance which could become a support zone in the Future.
If you like my analysis please don't forget to like and follow for more analysis
