quantguy

Ethereum Breaks Lower!! 😱😱

BITSTAMP:ETHUSD   以太坊
We anticipated $1900 Ethereum would be a steal for investors (considering it was in the $4K handle but a month ago), but here we are in the $1800 handle finding support at a cluster of levels to which you were alerted in yesterday's report. Ethereum has a clearly defined bear trajectory, without even so much as a consideration of a relief rally. We have one more level in the $1800 handle at $1821 before a vacuum zone down to $1748. There is much in the way of resistance form above if ETH can get some momentum. The first significant barrier will be $1906, then $2025 then we have two more levels before $2400, which has been an auspicious level for ETH. Current levels seem like a great buy, but it looks like patience may reward us with even better prices.

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