Following yesterday's analysis, I will publish a new technical analysis of the Ethereum process.
First, let's take a brief look at yesterday's chart:
My analysis included a 24-hour period. In the first 12 hours, the Etherem chart reached three milestones (yellow circles) that I had on my chart. And did not go beyond this range. But unfortunately, the fall I expected did not happen.
In the new technical analysis, we have drawn yellow and blue diagrams.
The yellow line shows an upward trend. Which is likely to have a downtrend after reaching the $ 3200 range and will move within the blue range. And it will return to below $ 3,000.
According to yesterday's analysis, the blue line shows a downtrend that could go down to the $ 2800 price range.
The white circles and the blue range are of particular importance, and the blue and yellow lines show only the whole path.
Best regards
First, let's take a brief look at yesterday's chart:
My analysis included a 24-hour period. In the first 12 hours, the Etherem chart reached three milestones (yellow circles) that I had on my chart. And did not go beyond this range. But unfortunately, the fall I expected did not happen.
In the new technical analysis, we have drawn yellow and blue diagrams.
The yellow line shows an upward trend. Which is likely to have a downtrend after reaching the $ 3200 range and will move within the blue range. And it will return to below $ 3,000.
According to yesterday's analysis, the blue line shows a downtrend that could go down to the $ 2800 price range.
The white circles and the blue range are of particular importance, and the blue and yellow lines show only the whole path.
Best regards