Wave Analysis:

This crypto currency is on a crash mode. Few days ago, the value of Ethereum went below the 499.64 mark and is still pretty much below this handle. As long as the price remains below the resistance zone 573.72-499.64, we expect a possible bearish price rally and may go beyond 148.35 or even lower. Ideally, we expect this Crypto to loose 100% the value it gained on the impulsive wave (c), that means, this week and in the next few weeks, we expect the price to decline with our target buy area being 146.35.

Trade Recommendations:

Still selling Ethereum towards 148.35.