So what is Ethereum doing? Basically kicking the ground waiting for instructions from BTC . Ethereum will continue to move down as long as BTC continues to more down. It will only move up as high as the 200 Day moving average if at that which will be at around $208.00. So, for now, expect ETH to keep going south looking for the possible juicy . If it hits $165.00 I would buy a little and if it double bottoms I would buy a good amount.
NOW, THE LEGEND;
Support are green
Resistance are Red
Horizontal support lines are white, the thicker the stronger the support
50 Moving Average is yellow
200 Moving Average is white
THE TREND: Going down
THE OUTLOOK: Buy as it dips andbuy more the closer we get to $100.00
Be safe and follow me to make money and stay ahead of the curve.
Xena Exchange Resident https://xena.exchange
No, double bottom would be below or around $100.00