(CLICKBAIT)Becky on ETH - The Downtrend Continues - No exception

BITFINEX:ETHUSD   Ethereum / U.S. Dollar
Hey everyone, Let's take a look at Eth in this Bearish time that we live in.

So what's happening with Ethereum? We don't hear about it anymore!? Well maybe it's because it lost nearly 70% in value from its ATO . Welp... If you think ETH is done dropping then you are most likely wrong. Eth is not looking healthy AT ALL. If we look at the volume we can CLEARLY see how much in control the sellers are. Look at all those massive Red spike vs all the small greens lines. This is a CLEAR visualization of who's in control, there's no denying in that. Now looking at the graph, Eth is currently at 470$ and there is really no tangible floor until 418$ where it could bounce. Even the 418-366 floor is very weak.

The above leads me to one of the oldest fundamental/TA strategy with Eth and its to look at Bitcoin itself. Ethereum is almost always following Bitcoin movement. Most coins are, but especially Eth and Bitcoin is not looking hot AT ALL right now. (Check the related ideas under this post to see my point of view on Bitcoin , I highly recommend it, it could/should save your THOUSANDS of dollars!).

TL:DR: Eth is heading to Sub 400$ and at that point we can look at the possibility of going long on it ONLY if Bitcoin looks promising otherwise hide your kids, hide your wife because DOOMLORD BIG DADDY BITCOIN is gonna annihilated everything!

Who's Becky? What's her background? I am a crypto enthusiast and have been since early 2015. I have already made millions in the crypto world and am financially set for the rest of my life. I recently decided to start helping other people get rich. I like helping people, it makes me feel good. What can I say? I LOVE feeling good ;) . Let's share the journey together! Follow me on Tradingview/Telegram <3
Curious where you think we're at now that it's hit sub $200 and still hasn't found support lol
I think it could bottom at 315€
I don’t think it’s making its way Down today! Thoughts if bottom is today or tomorrow?
I like your arrows, my kinda trader.
+1 Reply
BeckyDD BruceWayneEnt
@seanawdish, Woom! Down we go ;)
Hi Becky, you're saying "Even the 418-366 floor is very weak."....Do you expect ETH can brake that floor and dive to $300? We're seeing October 2017 than...heavy stuff..
+1 Reply
BeckyDD LEO2003
@LEO2003, It all depends on Bitcoin, but it theoretically could yes.
LEO2003 BeckyDD
@BeckyDD, Thank you Becky! exciting times ahead and my stainless steel nerves are up-to-date. They just need a bit of oil now and then :-)
WhoIsLix BeckyDD
@BeckyDD, I don't really see ETH going down below ~360, but that's my opinion :) Thank you for your analysis ;)
I love your predictions! You are the Real Queen of Trade!! =D
+1 Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out