Hi traders,
It clearly shows that Ethereum is bearish as it continue to fail to make any new highs and support zones are breaking one after another. If Ethereum wants to turn bullish again it needs to commit to make higher highs by breaking out $320 levels.
First Target: $200 and Final Target is $120-$100.
I'll keep you updated :)!
-Abdulla
It clearly shows that Ethereum is bearish as it continue to fail to make any new highs and support zones are breaking one after another. If Ethereum wants to turn bullish again it needs to commit to make higher highs by breaking out $320 levels.
First Target: $200 and Final Target is $120-$100.
I'll keep you updated :)!
-Abdulla
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Ethereum is 10% DOWN today!
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TARGET 1 REACHED :)!
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Ethereum has showed no sign to turn around yet, will it target $100 in the coming weeks?
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Price has hit the minor trend-line, in the next couple of hours we will have more information to see if prices really want to rally in the short-term or continue straight to our second target of $100.
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We saw a nice bounce by cutting some losses on Ethereum. However, don't get trapped as this could be a bull trap. Ethereum is trying to go back and trade above $210 range, but it failed twice.
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As mentioned, it seems the bounce was a bull trap as prices are still falling as of now. I'll keep you updated :)!
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Lower high has formed, it seems that we will break $170 soon.
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Down 8% today - $17 away from breaking the bottom
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Ethereum has lost more than 40% since this idea was published. Bears are still in control! - goodluck all :)
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ETH falls 18% today - $19 away from the target!
Trade closed: target reached
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