Ethereum Potential Market cycle

After achieving ath in Jan 2018, Ethereum seems to have been trading in a wide zone from Dec 2018 Low of 80$ to immediate lower high of Jun 2019 with 375$.

This range seems very interesting to watch as the last drop failed to break below the range, this signal for re-test of the top of the range with potential towards 375$

In a short term view we have price moving in a potential bearish pattern which if break down will likely lead price towards Demand Zone(Accumulation Area)

I will keep updating this view as market develops

Kindly go through the chart and do leave us your comments to let us know how you feel about our view,

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This pattern remain valid until price break through 80$ zone which is our strong demand area.

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