umair105

ETH/USD -Market Analysis - 06282017

COINBASE:ETHUSD   Ethereum
5
Hi Friends,

I am just trying to be simple here showing my analysis, hope this makes sense.

As per my study, i have noticed that every time there is a downtrend, there is always a recovery of at least 50% ( you can see in my chart if you look at the line that i made for each fall.
therefore, this does makes sense to recover at least 50% that we can see since yesterday. Next, Since 4th July is coming and as per past record it always goes back to its last lowest point, my calculations says that most of the transaction will follow the the slot that i mentioned and will surely take 2-3 days to recover and i am hoping we will see bullish line and hopefully cross 400 mark. Any changes can happen, if there is any bad news. So finger crossed.
Stay calm and buy at the lowest and Enjoy holding it. Cheers.

Feel free to comments and like and share your ideas.

Thanks for your time

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