ethereum had a great run, hitting the resistance at ~216.
since then it hasn't even been able to wick above this resistance there seems to be indecision.
it will eventually continue its bull trend; however, i believe a pullback here is expected and healthy.
at this point i believe this pullback will be to ~201, where this is a previous support along with the top of the ichimoku.
this may be a good time to buy.
if the price pierces through the ichimoku it may fall lower.
let me know what you think.
not financial advice.
stay safe.
since then it hasn't even been able to wick above this resistance there seems to be indecision.
it will eventually continue its bull trend; however, i believe a pullback here is expected and healthy.
at this point i believe this pullback will be to ~201, where this is a previous support along with the top of the ichimoku.
this may be a good time to buy.
if the price pierces through the ichimoku it may fall lower.
let me know what you think.
not financial advice.
stay safe.
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