Is Ethereum about to see much lower prices?

13 июн. 2023 г.

Here I present a bearish view of Ethereum. I believe that the top is in, OR ETH goes for red box $2,400ish before starting a move down toward low hundred dollar levels. This to me looks like a crashing structure, also explained on my YouTube channel where I give full video analysis of this Ethereum view. I see 5 waves down from the top, followed by an ABC and then another 5 wave move down. Usually this results in a 6th leg which retraces to the level of wave 4 in the 5 wave crashing structure, before starting wave 7 and capitulating to lower price levels. Please subscribe to my You Tube channel and watch the video about this phenomena.