Ethereum could plunge right through the 200s
Ethereum had several chances to have a bullish continuation of the last dump but failed all of them (as you can see in my other chart that was bullish on Ethereum ). Now, it had 2 pennants and a medium term pitchfork - all of which have been broken downwards. We could potentially see Ethereum plunge straight through the 200s now.
Short position:
Entry - $275-325
Target - $175-225
Stop loss - $301
Good luck!
https://www.tradingview.com/chart/ETHUSD/JqYHTORz-Ethereum-could-plunge-right-through-the-200s/
It's refreshing to get a realistic assessment of a chart pattern.
upvoted and followed.
I charted something similar you can check out my charts here
Nice charts as always :)
Excellent! Except it's getting a huge amount of support from the cloud here so... I'm not sure if it will come to fruition here but definitely will be watching the price of $ETHBTC/$ETHUSD/$ETCETH and other pairs across multiple exchanges @icrushdreams thanks again for an awesome write-up! Upvoted!
Thank you very much for this information, I just bought ethereum not long ago. I will follow you because your advice is helpful. Thank you, good job
When would you start to buy?
I'm looking to close a short position at a target of $175-225, as the post says.
Good advice for EOS ICO first week.
Upvoted and followed.
Very good blog. I was about to post a similair thread. The current total market cap of all cryptos might seem high but blockchain is here to stay and will involve all our lives. I do see a bright future for everyone that's hold's their coins with a long term vision. Personally I always use: https://www.coincheckup.com Since I use this site I make so much less basic investment mistakes. Check: https://www.coincheckup.com/coins/Ethereum#analysis To see the: Ethereum Detailed report
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