Ethereum had a clean pullback to the lost support line and is now on the verge of losing $2K. If it’s lost, which is likely to happen, $1400-$1600 will be the last resort before the price reaches $1K. However, bulls might kick in when the price reaches there.
So, two scenarios: $1500 will likely be touched soon, marking the end of this bear cycle. Alternatively, Ethereum could lose that support too after a pullback to the lost $2K support, and in that case, $800-$1000 is the price range you should start buying at, the price I'm expecting since a couple months ago and peope used to mock my analysis, welp jokes on you ;3
Let's not even think about the new potential lows for alts they are mostly going to crash :cc
So, two scenarios: $1500 will likely be touched soon, marking the end of this bear cycle. Alternatively, Ethereum could lose that support too after a pullback to the lost $2K support, and in that case, $800-$1000 is the price range you should start buying at, the price I'm expecting since a couple months ago and peope used to mock my analysis, welp jokes on you ;3
Let's not even think about the new potential lows for alts they are mostly going to crash :cc
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.