---ETH---ETHEREUM BEAR MARKET CONFIRMED. WILL GO MUCH LOWER.
Ethereum has broken a KEY support zone on the log chart that has now become a strong resistance. Market structure has broken.
I believe a short here at relatively low leverage is in a GOOD risk/reward here.
Since BTC is expected to go much lower, I am expecting ETH to hit $300 as next support zone.
I believe a short here at relatively low leverage is in a GOOD risk/reward here.
Since BTC is expected to go much lower, I am expecting ETH to hit $300 as next support zone.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.