Market analysis
ETH moved exactly as expected, what’s next❓
- Yello, ladies and gentlemen😎!
💎In our last ETH analysis we predicted the pullback before the next wave up. Today the price of Ethereum has reached a resistance near $3100, which goes in line with the downtrend trendline.
💎The reasonable question is what happens next. Keeping in mind that the price is right at the resistance, we can expect a short-term consolidation phase and even a pullback. However, the trend remains bullish and we might also witness a fast move to the upside.
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Crypto trading involves substantial risk and is not suitable for everyone. Nothing here is financial advice; it is education only. Never risk more than you can afford to lose.
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