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bumincetin
Jan 3, 2021 1:59 PM

WHALES CAME IN CLUTCH ON ETH Short

Ethereum / U.S. dollarBitstamp

Description


ETH has broke out of its ascending channel and formed another ascending channel and guess what?? It broke out of that too!! Now it has touched 900 on Binance and got rejected really strong all the way back to 880. Both stochastic RSI and RSI is the highest level possible (100) at the hourly and 4-hour time frames, so there must be a consolidation period soon. I expect a pullback starting from tomorrow with markets opening.
Share your thoughts on my idea in the comments section!!
Happy Trading!!
Comments
55982f5ae2494697b0bb273eb04d81
still not yet..but.the.most intriging.here sometimes overbrought can conquer by FOMO and breakout..
bumincetin
@55982f5ae2494697b0bb273eb04d81, you are absolutely right. However after FOMO disappears, the pullback will hurt the traders more
55982f5ae2494697b0bb273eb04d81
@bumincetin, i book my profit at 905 i protect my.money
UnknownUnicorn10724764
Didn't touch 900 on binance, only 888
bumincetin
@James932929, well I saw even 909 on binance but that's now the point and irrelevant.
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