I had posted this last night but deleted it because ETH started pumping and I didn't want anyone to miss out on the gains because of my post. Unfortunately a couple hours ago confirmed my worst fears on the charts - just as we start getting up towards the top of the range and everyone is feeling bullish, we take a turn down to create the would-be right shoulder of what could end up being a gigantic 2 week bearish pattern if it plays out. ETH prices will crash all the way back down around ~$1,500 if this happens and the entire crypto market will do the same. This is right about where we started this bull run and seems like a very likely price target to potentially end it on.
Get out while you can. Elon Musk just made some very suspect tweets. You should all know I'm extremely bullish overall but right now I have to put my bias aside and read what the charts are telling me
Get out while you can. Elon Musk just made some very suspect tweets. You should all know I'm extremely bullish overall but right now I have to put my bias aside and read what the charts are telling me
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Premium Signals Group: patreon.com/DigiLex
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.