Ethereum
Short
Zaktualizowano

ETh is about to take an Olympic dive

3269
Rising wedge, weak bounce, 886 retrace? yes please.
Uwaga
I find it probable we test the upper part of wedge once more.
Uwaga
Still waiting. snooze fest in this scam market rn.
Uwaga
just woke up 1 year later.

we dumping soon or what? yawnnn.
Uwaga
Dump already you god damn unregistered security scam vitalik token.
Uwaga
im going to wake up tomorrow morning and be a happy man.
Uwaga
snapshot
Uwaga
In all seriousness, this is the first support.

snapshot
Uwaga
A lot of people waiting for a bounce to sell.

This chart doesnt suggest that anyone deserves another chance to sell, it gave months at the highs to do so. It even had the stock market break down first, as a warning.
Uwaga
After taking a closer look, I think there is a great possibility of something like this playing out.

We have witnessed massive distribution, twice now...

snapshot
Uwaga
Oscillators are resetting for the next dump, gotta get them back to neutral territory. maybe small pump but maybe not.
Uwaga
ETH pump is a by product of bitcoin pump, the exit scam pump before down only.

This was bitcoin testing the underside of the broken wedge, the 200 week sma and the 200 day SMA.

Dont be fooled.

snapshot
Uwaga
Now closing under the 200 wee moving average....

Not looking good for bulas.

snapshot
Uwaga
Going according to plan.

They tell you that youre early, they tell you another cycle is imminent, they tell you lambos guaranteed.

Well, last bear market didnt have such things. It was actually quite uncertain.

Long way down still, need to wash out the optimists to buy from the pessimists.
snapshot

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