Today's Technical Analysis on ETH/USD looks rather bleak for the next coming days on the Daily Chart.
On the ETH/USD Chart you can see after the multi-million-dollar sell off, triggering margin stops and liquidations, this dump leaves clues to what will come next with FUD.
ETH is set to remain bearish for some time and looking to complete the ABC correction to reach the bottom of the Trending Bullish Channel.
Accumulation Zone: $211.77 - $164.13
MACD: Remains Bearish
https://www.tradingview.com/chart/ETHUSD/pNqI27LT-ETH-USD-Set-for-50-Retracement/
Yes, hard days for ETH....... we will see what will happen.....
I agree, who knows, maybe there will be a breakthrough in the next 2-3 months beyond dice and other gambling features.
If smart contracts can be figured out to behave correctly and reliably, we can easily see the price soar up again!
ETh will be back on its feet
This should be a great opportunity to buy back in when we hit the accumulation zone! :)
ETH has reached the buy zone. Currently: $210.31