ETH/USDT bears and their allies now dominate on market

As can be seen, many support lines have broken, and we so far from main trend line. I expect bounce from 160-170 level up to 215 in pessimistic scenarious and up to 245 in optimistic scenarious. Also we can see that BTC/ETH decline slowly and we will see the bottom level about 0.08 btc for 1 ETH, BTC now also decline, and i guess that the lowest point for this pair around 2100 USD for 1 BTC. That means about 168 USD for 1 ETH. Trading volume surge due to this correction, so i guess that big players will enter in market soon, may be on 160-170 level.
Also, keep looking RSI level to be ready for reverse. Hope that this correction will give us good opportunites for long entry and break the downward trend. But it just my hopes :-)

Have a nice day and profitable trading.