Massive correction is underway and also big names such as Ethereum are not safe. ETHUSD broke major support level on weekly chart and its heading to area marked in yellow. Market corrections don't necessarily mean a longer bull market is at its end, but its normal cyclical movement, especially in emerging market like crypto. The bigger the gains, the greatest is fall. Charts have to reset and move back to MA and trendlines, then we can move higher again. Stay calm, there is some more negative push coming, then we will see massive gains again.
Trade active:
We bounced right on the market area, now heading higher to $680 level.
