ETHEREUM – Under SERIOUS Pressure Again

Ethereum / U.S. dollar BITSTAMP:ETHUSD

FX_Professor

Level lost, support turns to resistance and the outlook is gloomy amidst a new Global Pandemic, called Stagflation (‘Inflation + Stagnation’).

No valid support for Ethereum , unlike Bitcoin chart on which we can see support:

Situation scary and $1400 mark is a valid scenario. Be aware.

As excited and happy we was to attempt/post Long on Ethereum again, we were proved wrong. After all, for us it is all about levels and Ethereum has lost yet another one:

ETHEREUM - Happy to post a LONG after 184 Days!!

One Love,

the FXPROFESSOR

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