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Tuesday, May 25, 2021

ETHUSD long or short

ETHUSD long or short

Ethereum / Dollar BITFINEX:ETHUSD

This is the current question for ETH. We already made a nice drop till the Demand Zone but we could still go lower

WHY?

We got another significant Buy level for ETH due to it is the previous Support Resistance Level + it is the -70% drop.
What do I mean by -70% drop. Well if we look back in the history the price has give us the same move up in percentages and afterwards it crashed down -70%. We can expect something similar but it is not absolutely necessary.

Potential Price Prediction:
I see ETH going up till 10k in this bull run



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