Tradersweekly

Ethereum is not being any more bullish than rest of the market

Corto
BITSTAMP:ETHUSD   Ethereum
Similarly, like in the case of Bitcoin, we patiently wait for Ethereum to resume selling pressure and revisit much lower price tags. Fortunately, macroeconomic factors do not force us to abandon the price targets we erected during the summer. Therefore we still maintain them. Respectively, we are talking about 1 000$ and 900$.

Technical analysis
Daily time frame = Neutral
Weekly time frame = Bearish

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DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.

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