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L_F
3 juin 2022 23:49

ETHUSD - 1k is on the way!! Short

Ether / United States DollarCoinbase

Description

COINBASE:ETHUSD has seen more selling pressure and hasnt has a bounce yet.
We are approaching the LOG ABCD target around 1500. This could provide some buying to get the bounce but ultimatly will give way to more selling.
Looking at the AI for the year we can expect a low somewhere around SEPT/OCT.
This is where it can be down around the 1k level and another major 78% retracement.

I will post the log chart after.

Interesting couple of months ahead.
I hope this helps. Enjoy the trade.

Commentaire



LOG chart that gives us the AB=CD @ 1500. But 1k is the better long term target.

Commentaire

LOG chart is weekly.

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Commentaire



Wow!! No bounce yet. Looks like we are going to get the AB=CD down to 900 in 11 weeks as well. Look out below.. 🤣🤣

Commentaire



Looking for a CIT around 12:30pm. This is a 30 min window for the crypto market. 👍👍
Commentaires
priitzzy
Yes I agree with your analysis. I’m expecting a bounce too followed by further decline. Thanks for sharing your idea 👍🏽
L_F
@priitzzy, Sorry for the late reply. We didnt get the bounce and now things are giving up. Thanks for the feedback. 👍👍
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