ETHEREUM CRASH !! ETHEREUM PREDICTION, ETHEREUM NEWS & ETHEREUM PRICE PREDICTION 2021!!

 

ETHEREUM CRASH !! ETHEREUM PREDICTION, ETHEREUM NEWS & ETHEREUM PRICE PREDICTION 2021!!




Right now ethereum is potentially about to see a big move we were actually forming this pattern right here which i'm about to get into my next price targets for ethereum and i'll also be revealing my current ethereum strategy later in this artical as well so make sure you're sticking around for all of you ethereum holders out there and yeah if that sounds good to you before we jump straight but anyway with all of that out of the way let's get straight to what this artical is about so right here we're on the ethereum to us double chart on the one hour chart if we can get above this line of resistance which obviously has been confirmed as resistance multiple times here if we can get above that level just there that would be really bullish for ethereum in the short term and by the way that leverages it is coming in at pretty much exactly 3 000 us dollars just under 3 000 US dollars and yeah once again we've seen a rejection just rejection there and a rejection there so that has definitely been confirmed multiple times as resistance once again at 3 000 us dollars so as far as price targets to the upside that's definitely the immediate target to the upside and now when you actually factor in these wicks

Just here we are technically seeing higher lows just here because obviously these weeks bottomed out all the way down at around 1 900 and then we saw this low back down here again at around 2.2 k which by the way is a pretty decent fibonacci level in around that sort of area and then right now we are actually coming back down again so we will form some sort of low here on the chart but it's just a matter of how low we'll go and if we can actually get a higher low here so basically if this next low that we form is higher than right here so that is around 2.2 k once again if we bottom out here in the short term over the next one to two days above 2.2 k then that is actually really bullish for ethereum and starting the next uptrend for ethereum potentially obviously the more higher lows that we actually see the more confirmations we get of the recovery back to the upside and obviously we still have the resistance to break above but higher lows are efinitely a great start in this recovery obviously and now as far as this recovery goes what this recovery could potentially look like for ethereum honestly i'll be keeping mainly a close eye on bitcoin because usually in these massive market moves bittcoin usually leads to show not always but let's just say bitcoin somehow actually makes a new lower low that's going to be extremely likely for ethereum to actually come back down and make a new lower low as well and then obviously if we see a perfect recovery here for bitcoin over the next few weeks ethereum will actually follow to the upside as well and speaking of ethereum versus bitcoin this right here this is the ethereum to bitcoin chart on the four hour market and roughly around four to five days ago now when ethereum was right here on this market i actually was starting to flip bearish already before we actually saw this crash saying that we're potentially forming this small head and shoulders pattern here on the ethereum to bitcoin chart once again and obviously we broke below the neckline we broke that support.

We came all the way down and we actually came all the way back up to re-test this level and as you can see here we got a rejection along that level to confirm  the breakout and also a huge spike in volume just there at the time of that break below that neckline and so to be completely honest ethereum versus bitcoin right now in the immediate short term is in a small downtrend here what's most likely to happen for ethereum versus bitcoin just here in the short term is some sort of consolidation area just here because obviously we saw this massive move to the downside these huge wicks and we've already seen one bounce and we are starting to kind of slow down just here where we already found huge support the first time around so yeah once again this is showing that it's likely to see some sort of consolidation area but just be on the lookout because that could potentially turn into a continuation pattern if we form more of a bear flag just here for example something like that obviously is a bare flag and then that there can obviously be a continuation pattern for ethereum versus bitcoin but obviously at the moment this is just speculation because as of right now after we've seen this dip there isn't really too many patterns forming for ethereum versus bitcoin so we just need to wait for the price to mature a little bit wait a couple days to really start determining some patterns and yeah it's worth mentioning that i have obviously not sold any ethereum whatsoever in fact i did actually accumulate even more ethereum on this dip but i just accumulated more bitcoin than ethereum and yeah once again going back to the things that i was saying just on this ethereum versus bitcoin market this is actually why i accumulated more bitcoin than ethereum on this dip now zooming out to the daily ethereum versus bitcoin market just here it's crazy how massive the game for ethereum versus bitcoin was over the past one to two months. Telling you that i was actually moving some of my bitcoin holdings into ethereum at that stage and yeah right now we are looking like the momentum is starting to shift so just be aware of that because ethereum does move pretty quickly against bitcoin as you can see here as soon as this momentum starts shifting to the downside we really get moving to the downside here so basically to sum up ethereum versus bitcoin at the moment right now i would not be actually making any moves myself right now i'm simply just holding because once again going back to what i was just saying it is too early to see any sort of patterns just here form yeah at the moment i'm simply just holding my current positions as they are but i'm seriously keeping a close eye on this chance and i'm also keeping an eye on this bitcoin dominance market as you can see here this is the dominance that bitcoin has over the entire crypto market and obviously we've reached this bottom just here and bitcoin dominance has really seen a nice spike to the upside and this could potentially start an uptrend for bitcoin dominance once again it is actually too early to really confirm a change in the trends to the upside but yeah if we do start seeing more of a confirmation of this uptrend and how we actually determine that is just higher lows and higher highs here on the bitcoin dominance market and yeah if we do start entering in this uptrend for bitcoin dominance that's when you're gonna see ethereum start losing a bit of value against bitcoin but that doesn't necessarily mean that ethereum's gonna crash against the us dollar this could just mean for example bitcoin actually has a faster recovery out of this correction than ethereum for example but yeah that's just kind of where my head's at with my strategy around bitcoin and ethereum. i am not your finanacial advisor but as a expert i want to tell you in comming few days ethereum market will remain grew.

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