COINBASE:ETHUSD   Ethereum / U.S. Dollar
Here we can see ETH broke the EMA ribbon giving us a solid correction. In our last post, we talked about taking a profit of around $1350 ETH. If we close below the EMA ribbon we will continue a bear trend for the coming weeks. This is great news for people with a diversified portfolio and cash on hand to start DCA into the dips. If we start closing above the ribbon we will continue the bull trend.

DCA Levels 900-500

Last chance for discounted ETH.
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Comments

Everything below 900 is a DCA for me as I am a long-term holder. I believe this is just the beginning... the lower the better!
+1 Reply
Yes, wave May go lower than $800.
+1 Reply
Makes sense thanks for mentioning this channel formation.
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Started adding @900 we took profit at 1350
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i hope you're right, waiting for sub 900 patiently and sitting on my hands
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geekpe Zet4reticuli
@Zet4reticuli, i need bounce 1.2k
500-700usd is possible but bull in short time(months) is over
similar to 2018 1k to 300-200 and GG
for years
+1 Reply
@geekpe, GG :/
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Great analysis, i wanted to join your discord but the link does not work. Would you mind sending me the link pls?
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