EthereumShort
ETH 90% Downtrend
Updated
What if we are just in Eth denial phase, in the middle of a massive downtrend?
At the moment Eth seems to be drawing an huge bear flag.
Still remember last bear market a fall from 1500 to 75 dollars. 90% drop.
Why would it be different now?
ETH Foundation sold 15.000 ETH this month and they normally sell it at local tops.
It looks like 3 digits on the horizon.
Good luck!
At the moment Eth seems to be drawing an huge bear flag.
Still remember last bear market a fall from 1500 to 75 dollars. 90% drop.
Why would it be different now?
ETH Foundation sold 15.000 ETH this month and they normally sell it at local tops.
It looks like 3 digits on the horizon.
Good luck!
Note
Note
And here we go....1500 usd seems like the first stop.
Note
MA50 is crossing with MA200 on the week frame.When that happens downside is very plausible in the following weeks/1month.
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