An Analysis on Ethereum Trend-lines.

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הערה:

We haven't left the bear market yet folks. But we have two very interesting trendlines that have existed since early 2017. The blue trendline is a strong one and you can see that the last two times Ethereum has crashed, the blue trend held strong. If you look at Q1 to Q3 2017, you will see that this trendline has been pivotal. It has acted as support and resistance. I point this out because it is my hope that the blue trendline will continue to hold and will act as future buying opportunities. If it doesn't hold, then we at least have a second line of defense... But if that green trendline doesn't hold as a support, then... God have mercy on Ethereum >.<

This is not meant for educational purposes. Good luck to everyone and may your trades result in your favor :D

הערה:

If you scroll back, the blue trend-line should technically be placed a little higher on the back end so that it isn't as steep.