DrJLT

ETH TA still bearish?

DrJLT Updated   
BITFINEX:ETHUSD   Ethereum
The current state of affairs wrt ETH is such that it's hard to see which level would be the bottom.

$145 remains an interesting level.

My original arrow (green), which was quite pessimistic, has been proven too optimistic.

The fundamentals of ETH is being questioned, as known issues wrt scalability aren't yet resolved.

I draw now three orange arrows. The lowest one would be tough for hodlers.
Comment:
there's no prediction of 0.77 from me. that line is supposed to be at $0, which is of course the min
Comment:
oho, seems to have followed the worst / lowest scenario

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