As Vitalik Said — ETH Could Collapse To 'Near Zero'! ETHEREUM!

Here's a look at Ethereum! If you've been following my ETH analysis, you know that it's been dead on. The massive head and shoulders pattern broke down on command, and I would argue that ETH is leading the market, in this breakdown that has a very high probability of materializing, in other assets such as BTC. Just look at the size of that formation. Technically speaking, it is 100%, most definitely large enough to yield a collapse all the way to zero. Don't believe me? Look it up. On the downside, initial support is around 400, followed by a rising black trendline support that is just below that. But again, this is a formation that is large enough to easily produce a drop to zero. Just last month, Vitalik Buterin (Ethereum's creator) said that the price of ETH could collapse to "near zero." The formation on the chart certainly concurs with that assessment.

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I'm the master of the charts, the professor, the legend, the king, and I go by the name of Magic! Au revoir.

***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***

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-JD-