“So based on a price capitulation for the end of the bear market, we should see a further leg to the downside, anywhere between our preferred higher probability play between 45 and 50,000”
“So the first test that Ethereum will have is come back to where the bottom of that bear flag started. And that's going to be around about the $17.50 level.”
“The worst case scenario, as I mentioned many times before, it's probably going to be around the 32, 33, 34. So that's the worst case scenario, less probability, possibly 15, 20%.”
“And our projections have always been around about the 45,000. So anywhere in that ballpark figure, please remember, this is the higher probability place. Seven out of 10, I would suggest that's where it's going to be.”
“And then more than likely a reversal back down to retest the 50% Fibonacci level at 73. But this is where it's more than likely going to come back down to at least 61.8 at around 71,000.”
“judging by what's happening with Bitcoin, sooner or later, this should start to move in a negative way down to the lower side and possibly come and retest this level here, the 21 simple moving average at 72.50.”
“if you were to buy anywhere near the purple line, this is where you'd expect virtually the bottom of the bear market. And currently, that price is around about 53,000.”