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Jun 16, 2020 11:59 AM

ETH/USD: Is the Current Bounce Back a A Correction Before Dump? 

Ethereum / U.S. dollarBitstamp

Description

On the bigger time frame, Ethereum (ETH) is forming the Triangle pattern with the last point at the support level of $218. The decline more likely scenario than the growth as the leading altcoin is trading against the increasing selling volume which a bearish forecast.
Ethereum (ETH) Price Analysis: Trading Sideways Followed by Upcoming Drop to $200
In addition, most of the liquidity is in the range of $210-$220. If the following price action comes true, the support will be attained by the end of June 2020.
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