Currently, ETHUSD is holding above this very important support-line but seems to struggle to bounce off it. Looking at bitcoin and it´s potential to go lower, trader´s who are long on Ethereum should start reconsidering their position in case they were not able to set tight stop losses. Also, the Ichimoku-Cloud is about to turn, on 3D this would not be from advantage for Ethereum´s mid-term development. Lows in the 160´s$ remain a possibility.
Targets & Supports stay the same.
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Warm regards,
Neru
Targets & Supports stay the same.
_________________________
Warm regards,
Neru
