CristoJaraba

ETH to 33.50 USD?...

Short
BITFINEX:ETHUSD   Ethereum
Need to be emotionless to accept this.. And I really hope Im exagerating in this prediction.. But, the chart is telling what we have here: an evident deep crab in formation with a target right in 33.55 USD.
Seems that we are just in the middle of the biggest correction ever. The best exit we could choose in this scenario is at 465.26, and than we will have a free fall to 30 buks.
The good scenario could mean a bounce in 356.34, but in that case the deepcrab will be dismissed and we could expect a reversal trend to 730.34, 896.21 and finally 1122.03 USD.
So.. lets see what will happen.. but.. the most likely to happen is this Deep Crab... for let us Buy CHEAPEST than ever!.
*This is not a trading advice. This is only educational information*.

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.