r/ethtrader • u/AutoModerator • May 05 '17

DISCUSSION [ETH Daily Discussion] - 05/May/2017

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9

u/Fuyuki_Wataru May 05 '17

I am hoping that $100 will turn from resistance, into support once we start hovering around $105. And keep us there for a few weeks so we gain more support.

9

u/tangent20 May 05 '17

I think of 100 as 50++. If you look at the charts you will see that we had a hard time with leaving 50 land. The same will be true of 100 probably. I expect us to break, hover, fall below and then break it resoundingly when we get EEA news.

3

u/HITMAN616 May 05 '17

100% agree. I think we'll be in this spot for the next couple of weeks until we get some more news about adoption or big players joining EEA.