Will it break down the midline is the question. monthly DJI
No reaction. Market ignored this important weekly death cross. Poloniex is not highly used exchange. Conclusion?
Ethereum will bottom August-September 2019. The ATH correspond to level 5.235 of the pitchfork shown here. Bottom price will be around $20 which correspond to level -5.236 of the pitchfork. Just an idea, education only.
~$125 is the intersection of pitchfork's 61.8 and a golden fib level 1.618 to happen in about two weeks from now. Education only.
Long ways to go. Look at ADX/DMI of 2014 very similar to this weeks.
Just another evidence on the limitations and uncertainties of e2e counts in the ichimoku cloud analysis. E2e should only be considered when market sentiment are bullish.