Where is Ethereum Going? 29/6/2017 analysis

in #ethereum7 years ago

Hello Steemers,
Here is my Chart Analysis for ETHUSD and the expected move
If the Daily Candle closes above the down trend line, we expect a retest for the trend line then the price will take off to the all time highs 417$, on the other hand if the price could not break the trend line, we may expect it to continue its way down to 220-180$ price levels.

eth2.png

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The way I see it: going back to around 200$ after going up to around 700 (about 1 month until it reaches that high)