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Another ETH Bear Wave for $ 75



  Ethereum Price Analysis September 18: Another ETH Wave at $ 75 "title =" Price Analysis of Ethereum September 18: Another ETH Wave at $ 75 "/> [19659002] Perhaps Arthur Hayes "punting" advice and trading on the ETH margin is after September 17, a single high-volume candlestick has cut prices from $ 220 to $ 205 threatening to reverse the gains of the last week and confirming the effects of the September 5 losses. </p>
<p>  If today were to end in decline, the odds are that we could see another ruthless race for $ 150 if not $ 75 before the end of the year. </p>
<h2>  on Ethereum </h2>
<p>  Decentralization and the diffusion of power is the core of cryptography.That's why centralized exchanges are inevitable and an important primer in space- continue to exert the power to neutralize the overall objective of cryptocurrency as a disruptor of such a ccordi.E & # 39; in this direction that BitFinex claimed that ETHFinex Timeless is launching with a clear goal of bringing ck security, privacy and power to the deserving user. The DEX has already processed about $ 140 million of ETH without clogging the Ethereum network from where it runs shortly after launch. </p>
<p>  Once the platform runs at full speed, the exchange will eliminate the KYC requirements that regulators have imposed on trades and also ShapeShift. The most important thing is that traders would trade on a chain and enjoy deep liquidity by eliminating market-making entities and order books. </p>
<p>  Neutralizing this marvelous development, it is said that the general rates of hashish of Ethereum continue to fall while the prices of Ethereum plummet. Of course, this was expected because most of the miners of Ethereum are businessmen disenchanted by the recent cuts to the Eth, but mainly by the fall in prices that makes mining unprofitable. </p>
<p>  The drop from 294 TH / s to 256 TH / s makes it the largest shrink of hash power since its launch. Worse, the company remains competitive and more bankruptcy files will burn if ETH's reserve demand continues to decline while ICO fund managers liquidate ETH to oil their projects </p>
<h2>  Ethereum Price Prediction </h2>
<h3>  Weekly Ethereum Price Charts </h3>
<figure id=  Price Analysis of Ethereum
Ethereum Weekly Price Charts for Trading View

Last week's earnings are in decline that have reduced profits from 10 to less than five per one hundred week on week since yesterday's close.

If nothing else, what is happening on the weekly chart is nothing but normal as the bears simply follow the events of the final week on September 9th.

Last week's gains, as emphasized in the previous ETH price analysis, were only delays in printing deep drops that completed a typical effort against the outcome scenario.

Because of yesterday's declines, we recommend selling on throws with modest targets at $ 150.

Ethereum's daily price charts

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Ethereum daily price charts for trading view

There are two ways to trade in this time frame. With the understanding that prices are in a deep bear cycle, negotiating with the trend means shorting all the higher levels in less time.

First, traders can sell at spot prices in line with yesterday's peak in market participation that saw ETH prices fall after consolidation periods in the second half of last week with targets as of 12 September are low at around $ 170.

If today ends upside down, our previous analysis of Ethereum prices would be canceled. The conservative traders of Ethereum can instead negotiate only once they break under $ 165 with ambitious goals at $ 75

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Disclaimer: The opinions and opinions expressed are those of the author and do not constitute an investment advice. Trading any form involves risks, as well as your due diligence before making a commercial decision.


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