ETH at $300 but will drop soon!!

in eth •  7 years ago  (edited)

Ethereum is having a great rally these days and is currently back at $300. My prediction is that it wil go to $340 and will have some little pullbacks but because of the big rally it will go up to $380. I think at that point you must keep your eyes open for a big drop.

image

As you can see in the image above the fbi retracement is around 50% at the $340 level. But because of the bulllish rally ETH is in it will go to the $380. At that point the fbi is 61% and I think there will be a huge drop.

So keep an eye on it.

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Based on what exactly? If you're going to make these kinds of predictions it would be nice to at least have some kind of reasoning or logic behind it.

I Did a Quick post but I understand your reaction. I've edited my post with

awesome