With regard to previous 96% drop, most of us became skeptical with Ethereum. We estimate that downtrend may continue - until $160 (Fibs and historical price levels). If price does break $250 - we'll become bullish only at the entry point of $160. If price will find support level again at $222 (which will create double-bottom) and Fibs 0.618 will be passed after that, well $280-300 will be our entry points.
If this information in addition to the chart drawing was useful - please leave the comment or like below.
Thank you.
Our analysis neither offers you the solution of how to trade, nor encourages you to trade based on it. We are not offering to take this information for granted. Thus, be careful with your trading decisions.
Don't be greedy, don't be panic - be an intelligent investor!
Sincerely,
Cryptocurrency Fund L.P.
medium.com/@CryptocurrencyFund
If this information in addition to the chart drawing was useful - please leave the comment or like below.
Thank you.
Our analysis neither offers you the solution of how to trade, nor encourages you to trade based on it. We are not offering to take this information for granted. Thus, be careful with your trading decisions.
Don't be greedy, don't be panic - be an intelligent investor!
Sincerely,
Cryptocurrency Fund L.P.
medium.com/@CryptocurrencyFund
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