Crypto Trends – ETHUSD View

Gen-Blocks view on ETHUSD – march 2018

The second most important coin to look after $BTCUSD (witch is the entire cryptospace mover), is Ethereum.  ETH is still minable and one of most profitable coins to mine right now, so let’s have look:


TFDeeps – we must be there on $ETHUSD by Mytradersblog on TradingView.com

If we look at the log scale, it seems that we reached the deeps of Ethereum: -67% from january highs. Last time we got – 68% drawdown in june 2017 on COINBASE:ETHUSD -3.03% , so we must be there. It’s also possible that we will experience a short move deeper in the 400 support zone and than new bullish trend will begin. In alternative we will continue slipping slowly further and deeper.

Feel free to comment your ideas and suggestions.

 

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