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RE: Ethereum (ETH) Price Update: Will 200 SMMA be Tested?
Nice charting and simple to easy to understanding description.
Actually, ETH bounces just as predictably and return to BASE meaning bounces back and as readily than BTC after there were panic sells...imo
Being Friday today, ETH will most likely go down 2 more days or so to or below your support shown $430 and around Monday up again than by the next Wednesday or so ETH will be up past your white dotted line where it will be past the BASE I call it in this type of price action.
I think if eth go bellow $430 we might more sell offs since this is the support line on the bull run but we'll see how it goes in the next few days.