Decentralized_Crypto

ETH Still Looking to Drop!

Short
KRAKEN:ETHUSD   Ethereum
ABCDE Triangle completed!
Targets after we break the upsloping line are between 41-50 USD! Golden .618 Fib on this chart (Kraken) is $50.20 and on Coinbase it is $47.47!
I believe ETH pumped this entire market up more than anything during the 2017 Bubble as everyone had to use it to buy mostly SCAM ICO's and also it was a major trading pair for ALTs other than BTC! This lead to an inflation in this entire market. In other words when ETH dumps it will drag the whole market down to finally capitulate!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.