Ethereum Short Term Target: $4600

16 May 2021

On 4 Hour, looks like ethereum could be in the middle of forming a bearish butterfly pattern which would take ethereum back up to 4600 minimum before a rejection downward. RSI bottomed out at the same level (apx 37), while ethereum put in a higher low. MACD showing a lower amount of negative momentum on the second low as well. Stop loss is slightly below the first bottom. Just an idea.. not financial advice. Won't stand a chance if bitcoin flash crashes after an elon tweet or something again.

17 May 2021

Not

did not take very long to fail lol elon strikes again...