It currently seems everything is on track for the next leg up, expecting ethbtc to top out End of 2021/Early 2022 in my red zone. (Double Top)
Ethereum just touched the upper support zone which i expect to be a good entry.
Fundamentally im bearish but the Charts dont give a hint to bear scenario yet.
(exept maybe low volume, but that isnt neccessarily bearish as long it comes at the next leg up)
As long the support holds i think theres coming another leg up.
Im eyeing btc to top out arround 100-200k.
As i think crypto in its current state is a bubble, i advice investing carefully. As im bearish, a drop anytime wouldnt suprise me either.
After all longing crypto at these prices is a gamble.
DYOR.
Ethereum just touched the upper support zone which i expect to be a good entry.
Fundamentally im bearish but the Charts dont give a hint to bear scenario yet.
(exept maybe low volume, but that isnt neccessarily bearish as long it comes at the next leg up)
As long the support holds i think theres coming another leg up.
Im eyeing btc to top out arround 100-200k.
As i think crypto in its current state is a bubble, i advice investing carefully. As im bearish, a drop anytime wouldnt suprise me either.
After all longing crypto at these prices is a gamble.
DYOR.
Comment:
Yesterday´s volume on ethusdt on Binance was the lowest since nearly 2 years...nomaly i would expect volume to rise in a healthy uptrend. Be careful out there and use stoploss and only invest what you can afford to loose.
Comment:
still no volume, this could be a bart pattern. use sl and only invest what u can afford to loose as this could turn out very bad.
bounce incoming soon propably