Ethereum Monthly (1 Minute Read)

2024年8月5日

My dear friends... What a day!

Here I have the monthly Ether chart (ETHUSDT).

➖ Notice how the drop lands perfectly at 0.618 Fib. retracement for the entire bullish wave that started June 2022.

➖ The month is early, really early. The month is starting just now and things are not looking good, from many perspectives, in the coming weeks.

➖ A target range of $1750 - $1550 for the bearish wave is now active.

This is just a friendly reminder... It can get worse... Patience is key!

Namaste.

Chart | ETHUSDT ($2,440 Price at publish time)