While the price is above the support 162.650, beginning of uptrend is expected.
We make sure when the resistance at 264.800 breaks.
If the support at 162.650 is broken, the short-term forecast -beginning of uptrend- will be invalid.
While the RSI support #1 at 44 is not broken, the probability of price decrease would be too...
As the market continues to bleed we see Ethereum struggling to hold its value. There is weak support at the current level and if this fails to hold, we will see a $90 ETH in the short term. If the support does holds as the RSI is showing oversold then we will consolidate between $123 and $175 for the next week or so. However it will take some major volume of...