If you know anything about stocks (or charting crypto's) then you will know about support and resistance. Support is when the price drops but stops at a certain point. If you look on any graph of nearly any stock or large crypto then you can see trends as to where the drop stops and the price goes back up. Resistance is the same concept, but instead of the price dropping, the price is increasing.

Well ethereum has, in my experience, strictly followed the following trend. Every time the support is broken, there is a significant rebound. You can look at the charts and see this for yourself. The support was broken and I bought in at 231, it's near 237 now but will continue to rise. Buy now, thank me later.



Please remember that the prices I quote are in USDT, however whichever your currency of choice, the results will be the same.



