SUMMARY
Ethereum (ETH) has recently started putting in sideways price action, similar to Bitcoin and so following its leadership. Unless ETH starts putting in surging prices, the blue rectangle represents the basin phase that it might undertake into later April.
ETH has landed on a strong horizontal support zone as shown in below chart. This is likely the zone where ETH will start basing for the next rise but this basin phase could mean a few weeks of sideways action.
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its about time to rise , hope thinks come better in 2018
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Good post
nice post, keep it on
I feel about the same way. I am just trying to accumulate until then grinding the dips. Thanks for your opinion as always man.
Thanks for the information haejin
after the past few months of major downward action, sideways action doesnt sound so bad. (that's what she said?)
Coins mentioned in post: