Looking at the trend since last year NOV., we can see clearly a down trend.
Pay head to the decending triangles.
We have 2 that started and broke down further.
But the 3rd, across Sept. Oct. and Nov. has a break in form and went up.
This is significant to say that the trend broke and the sideways trading like BTC has started.
We can see slight lower highs (as part of the bottom of the 3rd triangle), as per BTC.
I would expect moving forward, each time the market makes a bull trend, we will observe on the pullback, new lower highs.
With the recent announcement from Vitalik for mid Jan16th for the fork of Constantinople, we will see more uptrend tendencies.
Short term, we have new lower highs and more sideways trading (in the range 200 to 218) anything below $200 would be a lucky buy.

Pay head to the decending triangles.
We have 2 that started and broke down further.
But the 3rd, across Sept. Oct. and Nov. has a break in form and went up.
This is significant to say that the trend broke and the sideways trading like BTC has started.
We can see slight lower highs (as part of the bottom of the 3rd triangle), as per BTC.
I would expect moving forward, each time the market makes a bull trend, we will observe on the pullback, new lower highs.
With the recent announcement from Vitalik for mid Jan16th for the fork of Constantinople, we will see more uptrend tendencies.
Short term, we have new lower highs and more sideways trading (in the range 200 to 218) anything below $200 would be a lucky buy.
Discord: discord.com/invite/vb4hbP88vb (TradeToProspa)
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Discord: discord.com/invite/vb4hbP88vb (TradeToProspa)
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.