EuroMotif

BQX/BTC at Critical Support: Ethos like many Alts in Danger Zone

BINANCE:BQXBTC   Voyager / Bitcoin
As we all know, Alts have been getting killed especially versus BTC .
Ethos has fallen to a critical support and looks to test it again soon.
Bulls made a push recently but gave back all of the gains as quickly.

2060 resistance is getting reinforced, must be breached quickly and decisively.
1900 support has been mostly used up, will not hold again, let alone bounce.
1500 is the final Line in Sand, below which this coin might be done for good.

Comment: Immediate support failed, but the red 4.618 is trying to cause a bounce Lets see how this bounce develops (if it does). First goal is to get past the 4.236 again, and that will NOT be easy.

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Comment: Looks like the lone Fib will not hold, so 1500 next price of interest
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Comment: sorry for lack update, crazy few days. We might have pull out of the nose dive at last possible second need to get back above 1900 zone before we can breathe a sigh of relief though .....

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Comment: Not looking great, but not looking dead either that darn 4.618 is holding things up, need to break SOON or could be in trouble.

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Comments

Spot on @EuroMotif !!!

Keep it up.

+1 Reply
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