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Stoic-Trader
Sep 13, 2018 9:37 AM

ETH not bottomed yet... but probably very close. Long

Ethereum / DollarBitfinex

Description

OK, my time to call bottoms on BITFINEX:ETHUSD...

The low from July 2017 sits around 135. This low could be Wave 4 on the impulsive that went up to the 1400s. So this could also be a target for the retracement we've been on since January highs.

We also have a pretty clear trendline that has to be broken in order to have any expectation of a new uptrend.

Or... it could go all the way down to 0 or below, and people will have to pay to get rid of their coins :-|

Comment

Trendline was broken, but upside doesn't seem very constructive. we could have another test of the trendline forming a new lower low.
Comments
srg3517
i think all the alts up to the btc move now! But your target as $136 is also my target!
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