ETH – will go below $1,000
ETH/USD COINBASE:ETHUSD
This weekly chart shows that the Weekly 20 EMA is about to cross below the 50 EMA , probably in the next few days this week.
So far we’ve hit all the targets on the weekly chart for ETH.
One more target left which takes us below $1,000 and I am expecting this to hit in the coming weeks.
At the time of writing this ETH is currently being rejected by the 1 Hour 20 EMA as well as being rejected by the 4 Hour 20 EMA .
The 1 Hour RSI is showing over bought and MACD is running out of gas and I am expecting ETH to continue the decline.
