Hello traders, Ethereum is in a very interesting position, here I have mapped out a bullish and bearish scenario for Ethereum. I'm personally still bearish and expect a huge drop to $1,900.
The only hope for bulls right now is the bullish parallel channel that started forming, which is visible on the chart.
I would NOT be surprised if we get a mini bull rally to $3,600 and then head to $1,900.
Good traders pinpoint possible scenarios that can occur and ride the wave when the waves hit you!
The only hope for bulls right now is the bullish parallel channel that started forming, which is visible on the chart.
I would NOT be surprised if we get a mini bull rally to $3,600 and then head to $1,900.
Good traders pinpoint possible scenarios that can occur and ride the wave when the waves hit you!
