Hi dear friends, hope you are well and welcome to the new update on Ethereum coin.
Previously we had a nice short-term trade of Eth:
Now during the current crash, on the weekly time frame chart, ETH has bullish harmonic Cypher pattern for a big bullish reversal move. Right now after completing the final leg it is moved slightly up, therefore, we can wait for the candlesticks to re-enter the buying zone.
There is also 100 simple moving average support in the buying zone. I am expecting that 100 SMA will move up further to provide firm support to the priceline inside the buying zone.
Previously we had a nice short-term trade of Eth:
Now during the current crash, on the weekly time frame chart, ETH has bullish harmonic Cypher pattern for a big bullish reversal move. Right now after completing the final leg it is moved slightly up, therefore, we can wait for the candlesticks to re-enter the buying zone.
There is also 100 simple moving average support in the buying zone. I am expecting that 100 SMA will move up further to provide firm support to the priceline inside the buying zone.
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