Etherium - Next stop $2662

May 13, 2021

Etherium started falling massively yesterday although my Time calculations suggested today as a day of the first fall. I think Elon got something to do with it :) We can observe a beautiful Head and Shoulders pattern indicating that the bottom of that fall will be at around $2662 USD and that is where I'll be taking profits from my short positions. Everything looks and behaves very technically and is worth paying attention to. Similar situation on BTC.

May 14, 2021

Note

Judging by the strength of the recovery I think this Head and Shalders will not work this time and rather setup from D1 which indicates further growth.