Ethereum- New leg down on medium term?
After reaching a new ATH around 4.9k, Ethereum got tired and started to consolidate in around 5% range.
A break of this consolidation and the rising trend line came on Monday, and the price tumbled under 4k important figure
Now EthUsd is correcting this drop and a new leg down can follow after this correction.
I'm a seller also in Eth case and I will look for opportunities to enter short above 4300
Eth back above 4.5k would change my bearish opinion
A break of this consolidation and the rising trend line came on Monday, and the price tumbled under 4k important figure
Now EthUsd is correcting this drop and a new leg down can follow after this correction.
I'm a seller also in Eth case and I will look for opportunities to enter short above 4300
Eth back above 4.5k would change my bearish opinion
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