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Ometrading
Jul 19, 2022 9:14 AM

ETHEREUM POTENTIAL SHORT | ETH will collapse Short

Ether / United States DollarCoinbase

Description

Welcome again traders!

Ethereum is about to collapse. The price has been "mooning" the last week, leaving us a + 40%.

However, the price is showing us signals of demand decreasing which could lead the price to a downtrend.

Target: 1120 USD

Comment

TIC TAC

Comment

Almost hitted by stop loss.

After that, again on the profit area. Waiting for the breakout

Comment

+8% profit and running
Comments
jikart
Annoying as it is, I think ETH price may hold until September due to the recent Merge news. Then it could either dump due to "buy the rumor, sell the news" or pump.
Ometrading
@jikart, Let's see. If BTC dumps, I don't think ETH will hold. However, the merge could make it hold.
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