ABCD pattern confirms that Ethereum is going downward as Bitcoin Fork approaches. Max it would go up to is 310, at which point there are many sell walls and other signs of major sells in both US and Asian exchanges. The domino action would bring Ethereum down, while bitcoin would rise with the fork coming.
Everyone is going to be dumping alt coins and moving to Bitcoin to ride the wave up.
Ethereum would dip much lower and best option now would be to wait for that dip to buy in after getting maximum profit from Bitcoin.
Everyone is going to be dumping alt coins and moving to Bitcoin to ride the wave up.
Ethereum would dip much lower and best option now would be to wait for that dip to buy in after getting maximum profit from Bitcoin.
Comment:
As predicted, Ethereum couldn't surpass 310 like I mentioned in the past 10 days. It is clearly struggling to gain traction but showing some life