DESCRIPTION
From my observation, the price of Ethereum has remained in the Parallel Channel since the month of June, we have experienced high prices at around $248 and that of low prices at around $221. If the ethereum prices continues in this manner, then we have two options in mind.
First Option: We wait for the price to touch the Resistance Level zones at around $245.56 so that we can sell the coin (Wave line A).
Second Option: We wait for the price to touch around the Support Level zones at around $222.74 before we can buy back
some ethereums (Wave line B).
I strongly believe Ethereum could move to be a real big reversal and prices can start to go up pass the resistance level zones sometime
later in the month of August.
Do follow me on my Telegram Channel @CryptoPrinceTrades & on Twitter @Obiakor_Evans
Follow here for more great Trend analysis.
What's your take?
Feel free to comment and share your thoughts.
Support my enthusiasm with Like.
Best Regards,
Evans
From my observation, the price of Ethereum has remained in the Parallel Channel since the month of June, we have experienced high prices at around $248 and that of low prices at around $221. If the ethereum prices continues in this manner, then we have two options in mind.
First Option: We wait for the price to touch the Resistance Level zones at around $245.56 so that we can sell the coin (Wave line A).
Second Option: We wait for the price to touch around the Support Level zones at around $222.74 before we can buy back
some ethereums (Wave line B).
I strongly believe Ethereum could move to be a real big reversal and prices can start to go up pass the resistance level zones sometime
later in the month of August.
Do follow me on my Telegram Channel @CryptoPrinceTrades & on Twitter @Obiakor_Evans
Follow here for more great Trend analysis.
What's your take?
Feel free to comment and share your thoughts.
Support my enthusiasm with Like.
Best Regards,
Evans