Ethereum has a clear parabolic trend.
A certain RSI level is always defended for some time.
Pay attention for the first sign of weakness here. Parabolic trends are known to end with strong moves. They very often lead to distribution tops.
A certain RSI level is always defended for some time.
Pay attention for the first sign of weakness here. Parabolic trends are known to end with strong moves. They very often lead to distribution tops.
코멘트:
코멘트:
During whole this overextended parabolic trend this ascending triangle is the first clear bullish structure. It would be hilarious if this fails and marks the top :D
코멘트:
I mean probably a top before the top. It's fair to expect a huge top for this run.
코멘트:
Aaand yes they really did! Man this market has become something else lately.
코멘트:
Market is counter trading TA :D
코멘트:
Haha I like watching this :D
코멘트:
It's small but one of my favorite bearish patterns.
코멘트:
코멘트:
You can say ETH has tried to extend this curve 2 days ago for the 3rd time and failed in this view. Although I think 1800 is a high probability target right now, a broken parabolic trend is almost always a bad thing.
코멘트:
ETH/BTC got clear rejections. I don't think it looks good.
코멘트:
We'll if 200d ema becomes a support.
코멘트:
Although it looks like a nice top so far. You wanna see shoot above the average and slowly come back. This is not it.
코멘트:
State of the pattern:
코멘트:
1800 still on the table.
코멘트:
Interesting. It goes if it can hold the range.
코멘트:
Can't deny ETH looking bullish atm. But for the last time I imagine.
코멘트:
Nope nevermind :D Exhausted imo. Back to the range. Should go down.
