monsterelf

Not the bottom for ETH, may drop further

Short
monsterelf Updated   
COINBASE:ETHUSD   Ethereum
Strong downtrend. Price has already broken the 200 MA and tested Dec 2017 high (~$518), a break through $483 will likely drive price to test next support @$400. could be good entry range for LT investors. ETHUSD
Trade closed: target reached:
Indeed ETH tested $400 level and even went slightly lower. LT investors who got in this level is enjoying a 70%+ gain as of this writing.

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.