Analyst Jason Petzo releases Ethereum Alert, that Eth looks very weak – and here are his negative goals.
Cracks and merchant Jason Bizo warns that ETHEREUM (ETH) may decrease in value for one major reason.
In a new video, pizzino Recount Its 349,000 subscribers may decrease YouTube subscribers who may decrease by more than 47 % of its current value after the highest altcoin has a double pattern on its head on the weekly graph.
The double style is a declining indication by technical analysts and indicates that the bulls lack the power to pay the price of encryption assets to greater altitudes.
“It seems very weak here, and the like wants to continue to fill the gap in this price range, somewhere between $ 1,600-$ 1,1700 and the best thing now, about $ 1,100. So, if you start seeing the details of its lowest levels, you may return and test this range, if not the scope there, at $ 1500 to $ 1,600. So really not great things there for ETH.
Before these other price goals, you mentioned $ 1,300 and 1,200 dollars, $ 1,166 – this is basically 150 % discount on the highest double, which you showed [has happened] Several times across several different origins: Bitcoin, this happened on the S&P 500, it happened on stocks. This happened mainly. “
ETH is trading for $ 2,231 at the time of this report, an increase of 2.4 % in the past 24 hours.
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