MikeMM

ETh is about to take an Olympic dive

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

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

코멘트:
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.
코멘트:
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...

코멘트:
Oscillators are resetting for the next dump, gotta get them back to neutral territory. maybe small pump but maybe not.
코멘트:
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.

코멘트:
Now closing under the 200 wee moving average....

Not looking good for bulas.

코멘트:
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.
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