Ethereum showing a pessimistic target at $798
Triple Top has formed on Ethereum since February 2024.
We have seen the price drop below 20 and 200MA stating a bear market.
There is a strong downtrend in check, which the price will need ot break for any semblance of hope.
I am a full on Ethereum bull for the future (more than Bitcoin). But the charts are showing downside to come which I hope I am wrong.
And this target is very pessimistic. of $798
So let's see.
We have seen the price drop below 20 and 200MA stating a bear market.
There is a strong downtrend in check, which the price will need ot break for any semblance of hope.
I am a full on Ethereum bull for the future (more than Bitcoin). But the charts are showing downside to come which I hope I am wrong.
And this target is very pessimistic. of $798
So let's see.
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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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