It looks like the Parabolic move is over for Ethereum - We have Regular Bearish Divergence on the 5th Wave. We are about to go below my crucial line -this looks like the A-wave. ETH against USD looks pretty healthy so far, but if we take a look at the ETH/BTC Chart it starts to look very bad - we are here inside a huge descending triangle, which looks very scary.
This makes sense in regard to FA also - We dont have a lot ICOs anymore. Back then one of the reasons why we saw a super strong ETH, was because investors needed ETH to buy into ICOs.
- D4
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This makes sense in regard to FA also - We dont have a lot ICOs anymore. Back then one of the reasons why we saw a super strong ETH, was because investors needed ETH to buy into ICOs.
- D4
Remember that LIKE if you appreciate the content!
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ETHUSD still in troubles - We are still trading the A-Wave. We have very clear Bearish Divergence on both RSI and MACD.
