Ether/Usd : high risk of failed bottoming process
Updated
The bottoming process seems to have failed so far with Ether, with risk greatly increased to reach now lows in some time (below 80$)
An eventual hope would be to see prices raising exactly from here, but this is becoming unlikely for now with the current evolution of the structure
Not looking good, but there is still some hope, especially if its price starts raising here and licks the blue moving average
An interesting buy for long term anyway if you believe in the future of smart contracts and the 1st on the market position of Ethereum
Interesting to long this area
An eventual hope would be to see prices raising exactly from here, but this is becoming unlikely for now with the current evolution of the structure
Not looking good, but there is still some hope, especially if its price starts raising here and licks the blue moving average
An interesting buy for long term anyway if you believe in the future of smart contracts and the 1st on the market position of Ethereum
Interesting to long this area
Note
long closed
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