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peterbokma
Oct 21, 2021 5:42 AM

ETHUSD - decline in the making Short

Ether / United States DollarCoinbase

Description

Looking at the DAY-chart, it appears that we start to have good reasons to sell ETHUSD at current market levels. The RSI is 70.0 and we further have a NEW MOON, which is the concept of financial astronomy, indicating a decline may happen soon. The weekly-chart (for you to study) also show potential negative divergence, and suggests a much stronger decline is possible. For short-term I feel we may see the bottom the the channel, which is around USD 3,000. Strategy sell between 4,100 and 4,500. The stop maybe placed at 5% of price, and the profit objective return is 40%.
Comments
lanehammet22
LONG
Cryptomania2363
looks like this old man is getting rekt. happy liquidation man and all the best living the rest of your life in the shelter eating foodstamps
averkie_skila
@Cryptomania2363, I see you write the same thing. You're just not forward-looking enough yet.
DirtyDust
Wut. It went up over $500 after the new moon..
alirezamilani0000
@DirtyDust, yes exactly
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