UnknownUnicorn19607214

ETHEREUM ANALYSIS: BY POPULAR DEMAND

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KUCOIN:ETHUSDT   Ethereum / Tether
So whats going on with Ethereum? Well .... for the bulls , this is a good sign. It did not reach the 1537 , that would of been a full retracement of the bullrun from March 25th. It was also rejected at the 50% and then a bounce at the 23.6% followed by a break at 38.2%. Multiple closes already above the 50 and 100 EMA’s but not the 200 (yet)... seems price will meet 200 EMA at around 2948USDT. May retest back to 2203, a break below this indicates a retest towards 1537 which is not good for the over leveraged noobs.
If youre going to leverage only borrow 50% of what you put in. That way the market can crash up to 75% and you will still be alive. Do not get liquidated.
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