ETHUSD - Looks like we're going lower to around $180-200

COINBASE:ETHUSD   Ethereum / U.S. Dollar
469 7
Last night we broke the uptrend line and the volume is very low.

Seems like we are bound to test the next long-term uptrend line between $180-200.

Something significant must happen to reverse the bearish trend .
Comment: So, we had a low of $185 tonight and still holding. Red line still untouched, so it doesn't feel like it should reverse yet, although you might still have a short bull run to $220s before dropping a bit further and consolidating the correction. Or I could just be wrong. Not a trader.

Comment: Going well so far
Comment: Brief update.
We need to break the downtrend resistance.
May test $190 again.
ETHEUR has just hit €150 on GDAX a few minutes ago.

Not convinced. I'm not an expert, but the majority of people here recently have been saying wave two should be starting later this time, and ~240 will likely hold as a good buying location, and many of those analyses have somewhat established authors.
rafabeton markuswoltjer
@markuswoltjer, I'm not an expert either. Could you please point me to some of the established authors you follow? I'd love to learn more.
rafabeton markuswoltjer
@markuswoltjer, thank you. ETHUSD at $218 right now.
markuswoltjer rafabeton
@rafabeton, yup, I just bought. Expecting to be a much richer man by the end of the day :)
rafabeton markuswoltjer
@markuswoltjer, fingers crossed!
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