TomProTrader

ETH/USD - Live Update

BITFINEX:ETHUSD   Ethereum
Ethereum came down nicely, breaking the side-wards support line EXACTLY AS PREDICTED :-). Anyway, price is having a minor recovery for the time being. I believe the downside is still the probably outcome, however the small green daily candles suggest we could get a small recovery rally, likely simply retesting the side-wards support as a new resistance before coming back down again.

Remember, 124 is the WORST CASE. Doesn't have to go that low, it's just the lowest it's going to get.

Where do YOU think price is headed? Leave a comment with a chart and let's share our thoughts!

I never ask anything from my supporters, but I do have a small favour to ask of you guys... If you see comments in the comments section that are trolling/insulting to me, or any other person who's contributing to the comments section, then please Flag/Report their comments right away so we can get rid of people that aren't contributing to this site in a good way. Let's work together to make this site a better place for everybody. :-)

Please leave a LIKE and FOLLOW. I'd really appreciate it.

Thank you for your support.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.