ETH UPDATE We expect $1700 to become a strong resistance. The | Klondike (Crypto Rush) ⚠️

ETH UPDATE

We expect $1700 to become a strong resistance. The closest support is located at the $1420. Therefore, we have a horizontal channel where the price will most likely fluctuate for some time before going downwards.

Why we think that $1420 will be broken downwards? Institutionals on CME will SHORT the top on #ETH after Futures will be launched. Mid-term idea.