Ethereum (ETH): A Preferred Pattern via Alternate Count
6 years ago in #haejin by haejin (85)
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Nice analysis video i agree with you the price of ethrium starts by pressing the pivotal support 116.50 now, waiting to break this level to confirm the continuation of the bearish trend over the short term and intraday, with the reminder that our next target exists at 100.00.
The descending channel continues to organize the suggested bearish wave, which requires stability to remain below 137.24
Soon, it'll get scary for ETH downward pathway.
During yesterday's trading failed to breach areas of 121.16 $ due to weakness of the bear and broke the bottom of $ 118.40 during yesterday evening trading
I believe that ETH will have significant down pressure towards sub $50 in a few weeks to months.
I am very happy to find someone like you who puts very important topics and allows everyone to exchange experiences I expect eth now trading in a downtrend formation on the 60-minute interval supported by a break below $ 118.40 and we recommend selling in the event of a break of $ 115.85.
ETH ultimate target could be sub $50 and most think it'll moon....not!