priitzzy

ETH - will go below $1,000

Short
COINBASE:ETHUSD   Ethereum
This weekly chart shows that the Weekly 20 EMA is about to cross below the 50 EMA, probably in the next few days this week.

So far we've hit all the targets on the weekly chart for ETH.

One more target left which takes us below $1,000 and I am expecting this to hit in the coming weeks.

At the time of writing this ETH is currently being rejected by the 1 Hour 20 EMA as well as being rejected by the 4 Hour 20 EMA.

The 1 Hour RSI is showing over bought and MACD is running out of gas and I am expecting ETH to continue the decline.

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