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Mihai_Iacob
Aug 30, 2021 4:54 AM

Ethereum- New leg down on medium term? Short

Ether / United States DollarCoinbase

Description

The rise for EthUsd has stoled above 3k exactly in 61% Fib retracement of the big May drop.
At this moment EthUsd is trading in a range and if bulls can't manage to keep 3k intact I expect a new aggressive wave of sells.
In such an instance 2250 is my first target
Ethereum above 3.3k would change my bearish opinion
Comments
MaxiS777
Noob, 50% of yours analysys are wrong....
Ksassssssssss
@MaxiS777, elaborate...
MaxiS777
@Ksassssssssss, this guy post a short idea one day a long idea next day on the same graph :)) more than 50% of this guy are wrong
onelikeno1
@MaxiS777, really??!!
if other 50% are correct, he or she is very amazing
Mamerde
@onelikeno1, she's 100% correct
JCK317
@onelikeno1, wow thas stupid
aglassell
@MaxiS777, exactly, this guy did no TA. just said it's hitting resistance at 0.618 fib and drew an arrow back to 1700. wow thanks. doesnt realize that we're in an ascending triangle pattern which is usually bullish and the price action is just consolidating after going up 80%. I have realized it's best to buy when most of the top ideas are bearish and best to sell when the top ideas are bullish
WaTcHMe708
@MaxiS777, Your are the smartest guy in the universe we get it.
silverculture
It is above 3.3K
Investroy
I’m bullish on this, but good luck🙃
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