ETH is forming a head/shoulders. Watch out for fake breaks!
Bình luận
⋅
New short setup
Bình luận
⋅
If it holds this line, Im buying (going long)
Bình luận
⋅
Holding...
Bình luận
⋅
Don't get sucked back in. ETH made a lower high, it will go lower after a few more dip buyers try their luck
Bình luận
⋅
Always sell bear divergence on 4hr, 6hr timescale
Bình luận
⋅
If you haven't sold to take profit yet, this is a good place
Bình luận
⋅
I know you all think I'm mad for saying ETH is a sell, but it's risen barely a dollar above my long price target (hit on 24th December) and we now have multiple signs that a top is forming
1./ Bear divergence on many timeframes 2./ Rounded top 3./ decreasing volume
Bình luận
⋅
^ Sorry should say 3./ 'Distribution volume' (higher vol + smaller price range)
Bình luận
⋅
Many chances were given to get out & sell at or above $150. Did you take them?
Bình luận
⋅
Really getting bearish now. Second opportunity to sell above $150 was a gift. Did you take it?
Bình luận
⋅
Update after that sell call !
Bình luận
⋅
Guess what, ETH is painting a bearish head/shoulders pattern, with a bear target of $68. You heard that right