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Ethereum - Another -30% correction!

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🥊Ethereum (ETHUSD) continues the bearmarket:
لقطة

🔎Analysis summary:
Just over the past couple of weeks, Ethereum has already been correcting about -40%. This happened due to another failed all time high breakout sending prices lower. And Ethereum can drop another -30% before it will then retest a major confluence of support.

📝Levels to watch:
$2,500 and $ 2,000

SwingTraderPhil
SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION
تم فتح الصفقة
🥊Ethereum (ETHUSD) is still clearly bearish:
لقطة

🔎Analysis summary:
Over the past couple of weeks, Ethereum has been dropping an incredible -45%, literally wiping out billions of dollars. But now we are seeing bulls slowly starting to step back in and buying crypto. Looking at the chart, this is still not the end of the drop though.

📝Levels to watch:
$2,500 and $ 2,000

SwingTraderPhil
SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION
أغلقت الصفقة: تم الوصول للهدف
🥊Ethereum (ETHUSD) is just back and forth:
لقطة

🔎Analysis summary:
Yes, we already witnessed a major drop on Ethereum of about -45%. But this does not mean that this drop is now over. In fact, it is quite likely that we always see countertrend moves, before the next major impulse lower. So far Ethereum is still clearly bearish.

📝Levels to watch:
$2,500 and $ 2,000

SwingTraderPhil
SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION

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