bionicol

ETHEREUM NEAR TO ANOTHER MASSIVE SELL OFF?

KRAKEN:ETHUSD   Ethereum / U.S. Dollar
Ethereum seems to be in a descending broadening wedge . Same pattern as in Juny/July. If it follows same pattern we will potentially fall till 240 Dollar pro Ether.

What Support this idea:

The EMA 50 is falling like a diver on the EMA 200. A cross would be catastrofic.

As I previously showed when price dropped under the EMA 200 in Novemeber 2016, we assisted to a fall of the Price proportional to the Price drop from the ATH to the EMA 200. this would also lead the Price to around 270

BIO
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