ETH/USD
ETH is following the downward trend-line support as the price perfectly bounce right from it again.
Though $120 is a whole number of physiological support also Jan - Feb 2019 trading activity within this price level.
If the price will retest the resistance between $137 - $140 and pullback to $126 area to confirm new support,
I would expect a potential early sign of bulls buying. The market trend-line cycle will probably take 30 days,
expect more sideways action during this period.
ETH is following the downward trend-line support as the price perfectly bounce right from it again.
Though $120 is a whole number of physiological support also Jan - Feb 2019 trading activity within this price level.
If the price will retest the resistance between $137 - $140 and pullback to $126 area to confirm new support,
I would expect a potential early sign of bulls buying. The market trend-line cycle will probably take 30 days,
expect more sideways action during this period.
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