Ethereum - crash is imminent
Hello, Skyrex community!
Yesterday we shared the unbelievable scenario for Bitcoin and I realized that most of you don't read the articles, only look at the price chart.
I told you that it's unlikely and the most negative scenario, but most of you wrote the positive comments. Therefore we can make a conclusion that most of crypto traders are waiting for 40k+. It gave me more confidence that price will go down. This is also actual for Ethereum.
Look at the chart. Price has broken the global trendline, which means that upside correction is finished and asset is ready for the final bearish wave. Now it looks like the progressing wave 3, which has the target at $1200, but current level is also the strong support which is likely to be broken next week.
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Yesterday we shared the unbelievable scenario for Bitcoin and I realized that most of you don't read the articles, only look at the price chart.
I told you that it's unlikely and the most negative scenario, but most of you wrote the positive comments. Therefore we can make a conclusion that most of crypto traders are waiting for 40k+. It gave me more confidence that price will go down. This is also actual for Ethereum.
Look at the chart. Price has broken the global trendline, which means that upside correction is finished and asset is ready for the final bearish wave. Now it looks like the progressing wave 3, which has the target at $1200, but current level is also the strong support which is likely to be broken next week.
🚀Follow us and never miss update
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