Ethereum, as expected, is going down. After smaller 1-5 waves we have ABC correction. Now we're in small C wave.
Strongest resistance is at 70.80 Fibonacci level, which is also crossing major trendline, and I'm expecting that ETH has the highest chance to stop there.
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In my analysis I'm using Fibonacci Levels, Elliott Wave principles, Support and Resistance lines, Candle Patterns and formations, like Head and Shoulders or Triangles (latter more often than the former).
DISCLAIMER
I’m not a certified financial advisor nor a certified financial analyst nor an economist nor an accountant nor a lawyer. The contents posted by me are for informational and entertainment purposes only. Don follow any analysis blindly, and make your own decisions. Always plan your trades and play with stop-loss.
If You like my charts, You can follow me on Twitter or Steemit.
Strongest resistance is at 70.80 Fibonacci level, which is also crossing major trendline, and I'm expecting that ETH has the highest chance to stop there.
-----------------------
In my analysis I'm using Fibonacci Levels, Elliott Wave principles, Support and Resistance lines, Candle Patterns and formations, like Head and Shoulders or Triangles (latter more often than the former).
DISCLAIMER
I’m not a certified financial advisor nor a certified financial analyst nor an economist nor an accountant nor a lawyer. The contents posted by me are for informational and entertainment purposes only. Don follow any analysis blindly, and make your own decisions. Always plan your trades and play with stop-loss.
If You like my charts, You can follow me on Twitter or Steemit.