Another follow up analysis of Ethereum! Price is moving perfectly with our previous Ethereum 0.72% analysis! In our previous analysis, we predicted a where price could bounce bounce for a buy, then we predicted levels where price would go to! So we have perfectly predicted Ethereum’s movement so far. Now we’ve perfectly gaged the down move, I am looking for specific buy levels in order for me to profit from waiting.
Swiftly moving on to the analysis, Ethereum 0.72% on the 12 hour chart is trading at our previously predicted between 496 and 472. I am now watching Ethereum’s movement very carefully within this zone to see if candles can show a reversal so I can be a buyer!
There’s a short term lower horizontal between 390 and 364 which will be Ethereums next bounce level if the current fails. If this support also fails, then we need to reconsider Ethereums intermediate trend before making any buy considerations.
I will continue to update this analysis if enough people request it.