Crypto Analysis Report 8-3-18 Ethereum…Setting Up For A Bear Trap At $345
bitcoin·@rollandthomas·
0.000 HBDCrypto Analysis Report 8-3-18 Ethereum…Setting Up For A Bear Trap At $345
<center></center> Wow, it has been over two months since I last spoke about Ethereum, <center>[Crypto Analysis Report 5-6-18 Ethereum...Several Set-Ups That Would Of Gotten You In The Ethereum Long]( https://steemit.com/bitcoin/@rollandthomas/crypto-analysis-report-5-6-18-ethereum-several-set-ups-that-would-of-gotten-you-in-the-ethereum-long)</center> However, on 3/7, I posted a projected price path for Ethereum as price was making its way to the weekly demand zone at $425.  On 4/11, I posted that the floor was in for Ethereum at $350 and offered two buy trade set-ups (one of them is below).  Price never made it to my original $1200 price target (at least not yet) and the sellers took over near the $885 level. Price eventually fell back down to the $450 level and has been in a range since late June. However, the chart is setting up quite nicely for a bear trap. Back in April when price bottomed, the level at $350 was the origin of a strong move that took price all the way up to $800. The chart suggests there all more buyers right below the $350 level. Thus, if price breaks out of the range to the downside, look for the buyers to step in at $345.  This post is my personal opinion. I’m not a financial advisor, this isn't financial advise. Do your own research before making investment decisions.  --- **Published on** <center><a href="https://mentormarket.io/"><img src="https://cdn.steemitimages.com/DQmXuk9bWMiPgXdowVfh4JBSGUXMqQkLa1u7ANwzTssgp25/250%20blue%20Overlay%206.png" alt="mentormarket.io" /></a> by [rollandthomas](https://mentormarket.io/profile/@rollandthomas)</center> --- <center><a href="https://mentormarket.io/legal/termsandconditions"><img src="https://cdn.steemitimages.com/DQmY5feG75MDWS57aX2rSUUa8bhzcZEyb5XKZCHY7FUzmXn/Disclaimer.png" alt="https://mentormarket.io/legal/termsandconditions" /></a></center>
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