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ETH/USDT - Writing On The Wall? 📉
Ethereum / TetherUS
Short
ETH/USDT - Writing On The Wall? 📉
By QuantVue
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Nov 8, 2022
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Nov 8, 2022
Looking at the
ETH
daily chart, things are looking quite bearish.🐻
$700-800 remains our target "bottom" in this range as
ETH
just bounced off the downward channel as illustrated.
We pointed out a potential crypto dip the other day looking at the
BTC
charts, and it seems to be playing out. 🔮
Do you think we get a small relief bounce here on
ETH
? Or is it "look out below" until $700-800? 🤔
Either way, we're big HODL buyers at those levels long term.
-TucciNomics
Chief Overlord, AlgoBuddy
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