quantmaven

Laying out a bear case scenario for Ethereum (ETH)

COINBASE:ETHUSD   Ethereum
This scenario is increasingly becoming more likely. The price action of the last few days seems to be forming up either some triangle or a tripe zig-zag correction. Under this bear market scenario, there is a last pump to 3500 before the price of ETH collapses to 2700. This would mark five waves down and the confirmation of a crypto winter.
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