Fox666

Supercycle Ethereum

Short
KRAKEN:ETHUSD   Ethereum / U.S. Dollar
I have given a similar chart at ETH in the past. This is modified. Wave (c) should be much longer than I drew earlier. If we also look at the monthly chart, we will see a huge bearish divergence on RSI . On the chart we see that the potential bottom is somewhere at the bottom of the (II) wave. There is now a huge amount of Retail in the market that is profitable. That makes me think about such a scenario. Bitcoin has not yet experienced a financial crisis if it comes and stock markets fall into a deep correction, I believe this scenario will come true.