Although this idea might sounds weird but following the technical theories, we can expect Ethereum to melt down easily to the 1600 level. According to Elliot wave theory, we are now in wave 3 in a downtrend. What we are looking for is try to catch the final leg of this wave.
Will keep the way of entering for those who support this idea. So let's hit at least 20 likes and I will share how can we enter with solid stoploss.
Will keep the way of entering for those who support this idea. So let's hit at least 20 likes and I will share how can we enter with solid stoploss.
Note
ETHUSD 4H UPDATE - Down 15% 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.