Bearish divergence on the rsi, retesting the neutrality zone, 3 waves pattern formed but isn’t confirmed. If the stock drops below 120$, than it will break the 200 ema and confirmed the 3 waves, then we will see. Keep in mind that no fundamentals has been study.
If my analysis is correct, we are now at crucial point, according to my knowing of the wave theory, if the pattern close and a little correction close, we will see the ETH around 700$. But if the fear takes too much people, we could see the price around 400$.
I expect an up of around 19% on the DNT, i base my analysis on the wave theory. A little drop could happen before, the RSI is not in an over sell situation, be careful, DNT is very volatile.
