atorrealba
Long

Potential ETH/USD Long Setup

KRAKEN:ETHUSD   Ethereum / U.S. Dollar
A couple of technical harmonics are starting to become shown with ETH, still kind of neutral short-term as we may just range between $280 and $220.

Nonetheless, there is a bearish harmonic BAT that may complete and fake out bulls up to $280 then take out previous supports in a massive dump.

But there is also a bullish potential that we retest $186, make a higher low and proceed upwards to $440.



However, neither of these biased cases tend to take place as seen in the past with Bitcoin , therefore we must assume that it will remain in correction in between these targets, namely $186 and $280. This could also be an accumulation range set up by market makers as I truly don't see how ETH will continue declining if not by a slower bleed
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