If we look at the log scale, it seems that we reached the deeps of Ethereum: -67% from january highs. Last time we got - 68% drawdown in june 2017 on COINBASE:ETHUSD , so we must be there. It's also possible that we will experience a short move deeper in the 400 support zone and than new bullish trend will begin. In alternative we will continue slipping slowly further and deeper.
-74 % from the top reached ...
Back into the channel !
ready to jump till 1.000 ?
the supposed channel is not working ...
Trade closed: stop reached:
Channel has not worked: need to make another analisys.