CryptoPatel

ETHEREUM Next stop will be 125....???

Short
BITFINEX:ETHUSD   Ethereum
ETHUSD Bearish Technical Analysis Chart:

ETHUSD now Current Price is $185.

As per Technical Analysis Ethereum Broke down the $200 Support level.
so I am bearish now.

What TA Say..?
According to TA after broke down ETHUSD I am bearish and Now Current price is $185 so I can expect one spike upward before Dump.
so I think we can see ETHUSD $200 before Dump.
because after broke down we still not completed retest.

Support: At current price 85EMA and 200EMA strong support so we can expect bounce from here.
and I already told you last post $172 is good support so BITMEX hit This support and bounce back.

if 85MA and 200EMA break sown then we can see $152 as well as $136.

Resistance: Now broke down $200 support so now support became resistance.
so bellow $200 bearish I always told you.
but Now I am bearish bellow $218.
above $218 I will bullish.

What now? I am waiting for Bounce and open long with small fund and my Stop loss is $179.
no need for long but I take risk now.
if #ETHUSD spike possible then I will short.

ETHUSD broke down Very strong support level and now became Resistance.

guys If ETHUSD bellow $130 I will buy huge amount of ETHUSD.
because this opportunity never come if this will happen.
Because $125 is very Strong support and I also placed Buy order.

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