EthereumLong
ETH not bottomed yet... but probably very close.
Updated
OK, my time to call bottoms on ETHUSD...
The low from July 2017 sits around 135. This low could be Wave 4 on the impulsive that went up to the 1400s. So this could also be a target for the retracement we've been on since January highs.
We also have a pretty clear trendline that has to be broken in order to have any expectation of a new uptrend.
Or... it could go all the way down to 0 or below, and people will have to pay to get rid of their coins :-|
ETHUSD... The low from July 2017 sits around 135. This low could be Wave 4 on the impulsive that went up to the 1400s. So this could also be a target for the retracement we've been on since January highs.
We also have a pretty clear trendline that has to be broken in order to have any expectation of a new uptrend.
Or... it could go all the way down to 0 or below, and people will have to pay to get rid of their coins :-|
Note
Trendline was broken, but upside doesn't seem very constructive. we could have another test of the trendline forming a new lower low.
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