COINBASE:ETHUSD   Ethereum / U.S. Dollar
Ethereum is stuck within a channel that it simply wont be able to break. I don't believe it will be seeing the 300s soon, however when its prices capitulates down to the mid to low 400s, that may be a great entry point for a swing trade. It may also want to follow the waves I charted and go sideways for sometime. Looking at the Head and shoulders reversal, we should be going down lower however. How low, nobody knows.

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Your ideas mesh with mine, but you will laugh at how I derive them. Somewhere along the line we will depart from the PATH I am pointing out.. and that departure, might be anywhere from 6000 Bitcoin to as low as 4500. However, I am throwing confetti in the wind. It's just a hunch that the Bulls won't tolerate a fall to 4k. And if BTC gets that low, we also need to be considering FLIPPENING for ETH!



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