ETH will keep going down.
Updated
The bounce seems to be over with a perfect touch to the first fib level.
Also, by now it formed a great bear flag, which suggests another leg down, roughly around the same hight.
That would be around 0.020-0.025
Also, by now it formed a great bear flag, which suggests another leg down, roughly around the same hight.
That would be around 0.020-0.025
Comment
Well, the NYtimes news kinda messed up this prediction. Bounce went up to a higher fib level.
But it seems the hype is over now and as soon as the descending triangle at top resolves, downwards movement will continue.
Target also has changed imo, I have my eyes on 0.021 now.
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