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ShinForex1

Why will Ethereum drop toward 2500 level

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Ethereum (BITSTAMP:ETHUSD)  
ShinForex1 Aggiornato   
BITSTAMP:ETHUSD   Ethereum
Trend Analysis Chart Patterns Technical Indicators Cryptocurrency ethereun Bitcoin (Cryptocurrency) ETHBTC ETHUSD
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trendanalysis chartpattern indicator cryptocurrency ethereun bitcoin ethbtc ethusd
Liquidity is slowing off Etherum toward Bitcoin as show on the ETH/BTC pair

snapshot

structure at lower timeframe is respecting the 50% fib level and also trending downward inside the channel , as it repeats is similar pattern!!

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Commento:
Several "spot ETFs" are expected to be approved by the SEC, causing Ethereum's price to rise recently but I still hold my bias to more downside. so lets get this ETF off the radar

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