ETHUSD: Logscale Bearish BAMM Targeting 49 Cents
Updated
There are quite a few reasons the charts have given me a reason to believe ETH could at least see $168.1- $128.87 that I'v posted before, but there's also some reason to suspect ETH will lose 100 Billion Dollars in Market Cap to which I have also posted. These arguments can be found in the related Ideas Section. This here is simply the price chart variant of those setups. I think if one target worst case scenario we can see $0.49 which would be the PCZ of the Logscale Bearish BAMM but, if one wanted to lower the stakes a bit then we could settle at $168.81-$128.87 which would be around the PCZ of the local Butterfly BAMM.
We also have a Bearish Dragon Breakdown on this higher timeframe that would target atleast $7.94
We also have a Bearish Dragon Breakdown on this higher timeframe that would target atleast $7.94
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