Its'a very critical time for ETHEREUM. We are at the risky zone to invest.
The neckline of head-shoulder formation, and also MA100 level worked as a support correctly. On the otherhand, it reached the lower band of Bollinger as you can see in the graph. Now it's time to decide next moves. There are 2 cases:
ETH will fall down ~2000 level then try to reach ~2600 while BTC hanging around 34~40.
If sharp fall down is seen in BTC, this cases will be ignored.
Regards, all the best luck
The neckline of head-shoulder formation, and also MA100 level worked as a support correctly. On the otherhand, it reached the lower band of Bollinger as you can see in the graph. Now it's time to decide next moves. There are 2 cases:
ETH will fall down ~2000 level then try to reach ~2600 while BTC hanging around 34~40.
If sharp fall down is seen in BTC, this cases will be ignored.
Regards, all the best luck