Eth correction to 2020. Upated from Aug. 22

21 พ.ย. 2018

It seems like ETH is going as predicted. For those who don't understand me, on August 22 I did a TA stating that ETH will be going down. Refer to that chart if you don't believe me. I noted that ETH was in a h&s pattern (yellow). It seemed as if it slumped down from that point on the day chart. On the monthly chart, you can clearly see that a larger h&s pattern (peach) is going to form and that will put us close to the low 5usd mark. There is nothing in the way of support zones on the monthly chart. On the weekly chart, there you can see support zones (colored lines). I just hope that the h&s pattern don't fall that far down but if it do, it's a black friday in 2020. Again, I noted that ETH will correct to 2020. I do hope that BTC will make a correction earlier than 2020 as all altcoins are dominated by BTC.
As for me, I will still be waiting on the sidelines on this one.
This TA is for educational purposes only. This is not a signal to buy, sell or trade. DYOR.