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Ethereum Monthly (1 Minute Read)
Ethereum / TetherUS
Ethereum Monthly (1 Minute Read)
By AlanSantana
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Aug 5, 2024
1
8
Aug 5, 2024
My dear friends... What a day!
Here I have the monthly Ether chart (ETHUSDT).
➖ Notice how the drop lands perfectly at 0.618 Fib. retracement for the entire bullish wave that started June 2022.
➖ The month is early, really early. The month is starting just now and things are not looking good, from many perspectives, in the coming weeks.
➖ A target range of $1750 - $1550 for the bearish wave is now active.
This is just a friendly reminder... It can get worse...
Patience is key!
Namaste.
Chart | ETHUSDT ($2,440 Price at publish time)
Chart Patterns
Technical Indicators
Trend Analysis
AlanSantana
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