Ether2020

ETHEREUM 5000 or 3000 USD? an important analysis!

BITFINEX:ETHUSD   Ethereum
Dear Friends,

A picture say more than a thousand words. As you can see Ethereum has made a double top.
Now it can go 2 ways. Normally we are going to see the target of the double top but there are also the rising wedges.

If ETH bounces back on the orange trendline then we can see a triple top or a target of 5000 USD.

Note also the very low volume in Ethereum compared with the begin of 2021!

I wish you all very nice profits!

Disclaimer This is my view, no advice to buy or sell. Also always do your own research!

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