It seems like ETH is going as predicted. For those who don't understand me, on August 22 I did a TA stating that ETH will be going down. Refer to that chart if you don't believe me. I noted that ETH was in a h&s pattern (yellow). It seemed as if it slumped down from that point on the day chart. On the monthly chart, you can clearly see that a larger h&s pattern (peach) is going to form and that will put us close to the low $5usd mark. There is nothing in the way of support zones on the monthly chart. On the weekly chart, there you can see support zones (colored lines). I just hope that the h&s pattern don't fall that far down but if it do, it's a black friday in 2020. Again, I noted that ETH will correct to 2020. I do hope that BTC will make a correction earlier than 2020 as all altcoins are dominated by BTC.
As for me, I will still be waiting on the sidelines on this one.
This TA is for educational purposes only. This is not a signal to buy, sell or trade. DYOR.
As for me, I will still be waiting on the sidelines on this one.
This TA is for educational purposes only. This is not a signal to buy, sell or trade. DYOR.