If we look at the log scale, it seems that we reached the deeps of Ethereum: -67% from january highs. Last time we got - 68% drawdown in june 2017 on
ETHUSD
, so we must be there. It's also possible that we will experience a short move deeper in the 400 support zone and than new bullish trend will begin. In alternative we will continue slipping slowly further and deeper.
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-74 % from the top reached ...
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Back into the channel !
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ready to jump till 1.000 ?
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the supposed channel is not working ...
Trade geschlossen: Stop wurde erreicht:
Channel has not worked: need to make another analisys.