Ethereum continues to track our expected bearish correction that will, ultimately, bring the crypto down to the ~$200 range which will represent another exceptional long entry. This will take in the vicinity of 18 months for a bottom to be laid in and a sideways period of consolidation to commence.
Prior to this, our bearish expectation is ETHUSD will be making a quick move to the ~$2,000 area to be followed by a decent dead cat bounce.
Stay tuned..
Prior to this, our bearish expectation is ETHUSD will be making a quick move to the ~$2,000 area to be followed by a decent dead cat bounce.
Stay tuned..
Comment:
Wow - pretty much nailed it if i do say so myself.