ETH double top?

[devollito]

Technicaly yes..it is double top. And technically it will goea down to the very strong support arround $200 and after that we will see small waves between $190 - $250. And will goes up again in next two or three years. It is just my prediction. Do whatever you wanna do with your own risk

[yansen]

First of all let me say that I really like ETH and like 40% of my portfolio is in ETH so this is not FUD post. Got in at last dip after sept. 15 so im still good. But I don't like chart that i have been seeing today.
For me it looks like double top... what do you guys think?



*Corrected word dep with top

So already 3 lifts have passed on the air, or not. And the prerequisites are for 4, not the same bitcoin to creep up without falling. And then the competition will disappear altogether.

I think at look this chart will be forming butterfly mode. And buy in this dip, I believe Ether going to pump in mid term..

[Nick7815]

i think it is in a zone where there is strong support so i would say just wait for it to recover. Another point is htat on the 4h-chart stochastic is signaling that ETH is oversold at the moment so i'm pretty sure it will go up because it's actually a good moment to buy in again. I'm into ETH withabot 10% of my portfolio and i'm pretty bullish on it.

[Cnut237]

First of all let me say that I really like ETH and like 40% of my portfolio is in ETH so this is not FUD post. Got in at last dip after sept. 15 so im still good. But I don't like chart that i have been seeing today.
For me it looks like double top... what do you guys think?



*Corrected word dep with top

I think now is not a good time to try to analyse ETH market - we have just had the upgrade, plus the upcoming btc fork has an impact everywhere. I think there are a lot of factors in play at the moment that wouldn't normally be the case.

[aliman00]

Analyse or not it seems like I was right ... it's just under 300 now.... I think it got support at 285... I'm a hodler so I didn't sell yesterday when I posted this but I hope someone else did and can buy some more ETH in this dip