Beware the Bots
The bots are going to tear ethereum up. Every once in awhile the bots give us a clear trade signal. Here we see a candle that shoots down to $435.00. The shortest time frame I can post is the 15 minute chart. However, this candle was confined to a 11 minute shot through the support we established after our last fall. When I see one of these candles I know that price will rise for awhile but will eventually retrace the candle.
The bots don't really give clues as to timing. It could be another several days for all I know. However, I do know that we will fall to this level in the near future. 560 has been a strong resistance and we might now make it past this level. If we do make it past 560 I think we hit 595 max and then take a very steep drop.
Not trying to tell anyone how to trade but do trade with caution and don't go long with leverage at this point.
The bots don't really give clues as to timing. It could be another several days for all I know. However, I do know that we will fall to this level in the near future. 560 has been a strong resistance and we might now make it past this level. If we do make it past 560 I think we hit 595 max and then take a very steep drop.
Not trying to tell anyone how to trade but do trade with caution and don't go long with leverage at this point.
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