Professionals, retail traders and even those that are just complete strangers in this space. I am saving this chart for a massive prediction that our play towards beyond 2,000-2,200$ would simply not play out quite easily, yes it is possible do not worry, however since we are in a multi-month resistance trendline ever since 2021. I do not think that it will be very easy for us to break this resistance and as we all know, as professional traders for every time we meet the resistance, it most likely more probable and agreeable to short it than gamble for a breakout without confirmations.
One very notable point that I have to give you guys is the fact that this multi-month resistance COMPLETELY mimics to that of the stock market's NASDAQ, SP500 and DOW JONES. I personally think everything is indeed priced in and the markets are more than well prepared to send prices down in the name of resetting the economy and as well as making sure that for the entire years to come, we will be (or they will be too) in a much better position for a good massive long without even looking at their computers.
------------------------------------------------------------------------------------ Features in the Chart:
We are in a giant ascending wedge (Bearish).
We are in a giant descending triangle (Bearish).
Multi-Month Support Trendlines and Multi-Month Resistance Trendlines.
------------------------------------------------------------------------------------ As I write this to all of you, this is the greatest prediction I will ever do and please do not forget to remember and save this chart for future years reference. Thank you! Shortly after, I will also post the stock market indexes.
Trade active
⋅
Validated chart pattern. Short from ETH 1,660$ x10 leverage is open.