Bixley

Plotting How ETHUSD May Evolve

Long
BITSTAMP:ETHUSD   Ethereum
Trying to find another parallel channel that conforms to a bear market
The current trend that has formed, (lighter grey with middle dotted) Is going to be major parallel channel in the future I suspect
However if we do see a fall it will fall into the darker grey channel, which is slightly more horizontal
There are multiple support lines along this trendline if it were to form



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