ETH to 1400 and then back down to retest the lows

We are on our way to $1400 for ETH and then I expect the price to come back down to retest the lowest lows and there is a high probability for the price to break down lower. ETH's price agreement is for a fall to around $1100.

There is a lot going on in the market and it's been sideways for a long time. The market has been waiting for some stability but isn't getting any. The prices should continue to fall due to that. A great place to find a short entry is around $1400.

Not trading advice. For educational purposes only. Trade at your own risk.

تعليق:

Just a quick update. The bottom target still holds. However, the upper target moved even higher due to the PA we witnessed. Over 80% probability on price visiting the $1650-$1700 zone over the next few days.