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MarketIntel
Mar 16, 2021 2:53 PM

Ethereum: A Fierce Battle! ⚔️⚔️⚔️ 

Ethereum / DollarBitfinex

Description

For a long time, the bulls have dominated the ETH price, but the bears try to strike back. Although we primarily hold on to our expectation that the price will increase and move well above $2037, there is a pretty high probability of 45% that we might face a greater correction, once we fall under $1658. In that case, we would expect Ethereum to also fall under $1445. So, as long as the price remains above $1658, the bulls should be able to win this battle.

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Comments
CC_FX
Nice work, thank you for sharing!
I believe we are in that ABC correction that's part of the 4 Wave that will take us to 1000-1200 usd level, then blast to them moon ;)
MarketIntel
@CCINHEAVEN, Thank YOU, for supporting us! Let's hope that this is the case, as it would allow for some nice entries on the long side. 😎
Brain_haddin
Gread idea++
MarketIntel
@Brain_haddin, Much appreciated! 🙌 More to come, too!
gz1968
Nice analysis.
MarketIntel
@gz1968, Thanks a lot! 🙌
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