Ethereum_bear vs USD

*Warning high risk - leveraged token* Happy with the warning? Then read on... 800% potential gain in 30 days.

This token (or rather derivative) locks in gains or losses made each day at 3x the rise or fall of Ethereum in dollar terms at 2am UTC each day.

The last weekly candle just printed a Dragonfly DOJI candle indicating strong buying pressure. For a dragonfly candle to be true we need some confirmations:

1) The candle body opening and closing price must be near as possible - check.

2) The tail of the candle must be at least 2x the body length. - check - we have a very long tail.

3) The following candle must show an increase in price - check for now.

The daily chart:

The 1-day chart shows support on the 21-day moving average following an oversold period with price action showing a breakout of the falling wedge (bullish). I'm keeping a close eye on this chart - and although hard to believe, I think July is going to be a bloodbath for the Crypto market.


The weekly Bitcoin_bear token is also showing a similar pattern - however my choice is Eth because of the upside gain potential until resistance is hit.