ETH is forming a head/shoulders. Watch out for fake breaks!
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New short setup
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If it holds this line, Im buying (going long)
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Holding...
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Don't get sucked back in. ETH made a lower high, it will go lower after a few more dip buyers try their luck
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Always sell bear divergence on 4hr, 6hr timescale
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If you haven't sold to take profit yet, this is a good place
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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
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^ Sorry should say 3./ 'Distribution volume' (higher vol + smaller price range)
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Many chances were given to get out & sell at or above $150. Did you take them?
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Really getting bearish now. Second opportunity to sell above $150 was a gift. Did you take it?
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Update after that sell call !
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Guess what, ETH is painting a bearish head/shoulders pattern, with a bear target of $68. You heard that right