Golden-Dragon

Ethereum Update #01 - Adversity is a good teacher

COINBASE:ETHUSD   Ethereum / U.S. Dollar
Hi, today we are going to talk about Ethereum and its current landscape.

We observe at Ethereum a point of extreme importance to the future of the asset. The strong bearish movement found a defense wall from the bulls (Uptrend Line), however next to the bearish shield (Downtrend Line). We shouldn't act hurriedly before that these shields got to overcome. To the Bullish targets, we have 61% of Fibonacci of the bearish movement, and for the Bearish target, the four important horizontals support.

Thank you for reading and leave your comments if you like.
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Nice analysis dude
+1 Reply
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