ETHUSD - Looks like we're going lower to around $180-200
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Last night we broke the uptrend line and the volume is very low.
Seems like we are bound to test the next long-term uptrend line between $180-200.
Something significant must happen to reverse the bearish trend.
Seems like we are bound to test the next long-term uptrend line between $180-200.
Something significant must happen to reverse the bearish trend.
Nota
So, we had a low of $185 tonight and still holding. Red line still untouched, so it doesn't feel like it should reverse yet, although you might still have a short bull run to 220s before dropping a bit further and consolidating the correction. Or I could just be wrong. Not a trader.Nota
Going well so farNota
Brief update.We need to break the downtrend resistance.
May test $190 again.
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