Eth to make a higher high before a retest of prior resistance
Hi All here's my thoughts on Eth's movements for the coming weeks.
As per prior cycles I believe in the next 2.5 weeks Eth will rally a final leg up to the $2100 mark making a higher high & then break down.
There's a strong probability of rejection because
1. Crypto generally moves in-between ranges, this will create a higher high and form a new upward channel to range form over the coming months.
2. There's almost always a retest of the prior zone of resistance which has not yet happened.
Thanks
Blockbullder
As per prior cycles I believe in the next 2.5 weeks Eth will rally a final leg up to the $2100 mark making a higher high & then break down.
There's a strong probability of rejection because
1. Crypto generally moves in-between ranges, this will create a higher high and form a new upward channel to range form over the coming months.
2. There's almost always a retest of the prior zone of resistance which has not yet happened.
Thanks
Blockbullder