Ethereum - Bearish and Bullish scenarios

١٢ أغسطس ٢٠٢٠

Here is my point of view on Ethereum.

I think ETH will start a retracement from here. As you can see , the RSI started to pullback, and the MACD lines crossover. It is possible to see a fake breakout before the dump.

On the bulllish scenario we will see a short retracement around 342 and then we can continue in extension to around 460.

Waiting for a confirmation before opening a position.

Let me know your opinion about ETH.

Please hit the LIKE button if you agree with my idea.

THANKS!