Hello my dear ETH traders HODLers & co, hope you're doing well guys!
ETH is right now forming the second weekly inside bar, where we will probably see a break coming next week. If we break to the downside, we have the psychological 200 Dollars as next support -which is still 20% in profits from here.
The bulls are really weak, also in the direct correlation to big brother Bitcoin: They have to prove themselves, not the bears.
Have fun watching! ;)
If you had some value from my analysis, make sure to like & follow me so you don't miss it next time, I'm doing Daily Crypto Analyses! I wish you a good trading! :) No matter what you do, please set your stop loss.
About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally from 50 to 1.000 Dollars in BTC.
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