ETHEREUM Blood Bath Continue -- Keep Hanging In There
After finding temporary support at $167, Ethereum is still in the slaughter house. We've seen ETH shed over 35% in the last 12 days.
Volumes have been high and conditions are rough. However, I feel that we aren't that far from a bottom where we will see support. The last bounce saw a move of $70 to the upside, so it's very likely we will see at least a similar move.
Conditions are so rough that we will definitely be seeing a bounce here before too long. This is the time to be patient and not panic. Remember, be greedy when others are fearful!!
Weekly RSI is at 31 which we've only seen it this low only once before.
Good advice here , Thanks very much
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