ETH still has a deep dive down

BITFINEX:ETHUSD   Ethereum / U.S. Dollar
Based on the previous bear market patterns ethusd still has a much more way to go down suggesting a downwave upto 100 dollar range. This may sound crazy but the downside target could be expected in a couple of days.
Sep 11
Comment: Could Even have dip to 4.764 extension (extreme case) upto 42 dollars
Sep 11
Comment: If you want any confirmation candle buy eth when it closes a first candle above 4H 9 ema

Dec 09
Trade active: Finally the buy zone i'm waiting for is here :)


if eth go belows 150 it will go to 0, cos minners are ALREADY shutting down, no profitability anymore, AND no minners, no crypto world.
+1 Reply
llertas Karonte
@Karonte, You are right! ETH mining is already not profitable (except in China) and after Constantinole fork in October, there will be only China. If the price drops below 150$, ETH will become the most centralized coin, if it survives running on such few miners... Things would be very very bad!
+1 Reply
@Karonte, have a look at this. Everyone wants it at 150 but it could go deep below with instant reversal creating a long wicked doji. Hitting 100 to 110 is still having much more probability based on the retracement levels of this dump.
Nice chart bro! I've also seen Dude's analysis on ETH that I really loved. You should check it out and see what you think!

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