ETH not bottomed yet... but probably very close.

OK, my time to call bottoms on ETHUSD ...

The low from July 2017 sits around 135. This low could be Wave 4 on the impulsive that went up to the 1400s. So this could also be a target for the retracement we've been on since January highs.

We also have a pretty clear trendline that has to be broken in order to have any expectation of a new uptrend.

Or... it could go all the way down to 0 or below, and people will have to pay to get rid of their coins :-|

評論:

Trendline was broken, but upside doesn't seem very constructive. we could have another test of the trendline forming a new lower low.