Great post.
Ethereum has been moving inside the symmetrical triangle since long and is now approaching the end of the triangle(just like many other alts). The outcome of this movement in the triangle can be either break upwards or break downwards. If it becomes bullish, then it’s a good news(for Longs ofcourse!). But if the things go southwards, I do see a good support in the $450-$475 region. A very strong support lies in the $400-$360 region.
One peculiar thing about Ethereum which i noticed is that, it has been following the same uptrend line since May 2017. This line has been tested a few times in the past and has proven to be a great support from which, the price always rebounded. I see a good possibility that this uptrend line may be retested in the near future and if that happens, this line must hold else things are going to get ugly for Ethereum.
On the positive side, ETH must break out of the downtrend line for any good Bullish movement.
Do check my complete analysis here:
https://steemit.com/money/@imfamousrajat/eth-usd-market-analysis-18-june-2018
Keep up the good work. Do leave a feedback for me too.
Thank You.!