JoyBoyVegae

Tossing wedge meets strong resistance..Big fall ?

BITSTAMP:ETHUSD   Ethereum
Retraced from the big fall. Failed to merge the breakout and made a bearish reversal movement at 1641 area seemed to be made a double top nearly.
Amid hit the strong resistance and formed rising wedge.. still in bearish we should be expecting the big fall.
The experts said Ethereum haven’t bottomed yet but a bear retracement, expecting to bottom about 500 or around 600.
They said.

Waiting for that long position if that haven’t bottom then prepare for the worst and watch for reversals
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