This Is It, Ethereum And Bitcoin Cash Is Headed A New BIG Drop (9/26)
Ethereum drops down to 22% this week as the coin is at $2908. The sell-off started on Monday when ETH slipped beneath the neckline of a head & shoulders pattern and the 50-day MA.
ETH is at support $3000 but would continue to fall beneath it on Tuesday next week to find support at $2770 (.786 Fib Retracement).
ETH climbed back above $3000. However, it lost another sharp 9% today, causing it to break back beneath $3000 and reach the support at the 100-day MA at around $2705.
This same pattern with Bitcoin Cash, which is now cruising at $513.
These are my trading signals for the next twenty-four hours.
ETHUSDT SELL START: 2908 STOP LOSS: 3064 TAKE PROFIT: 2705 DURATION: 24 hours
BCHUSDT SELL START: 513.80 STOP LOSS: 540.42 TAKE PROFIT: 453.73 DURATION: 24 hours
Enjoy!
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