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dRends35
Jun 4, 2021 1:49 PM

ETHEREUM - Next Stop $1200 Short

Ethereum / U.S. dollarBitstamp

Description

Volume profile reveals two high volume nodes; the first of which price already had liquidity rumbled in the previous collapse. Next logical step down will be to the POC at 1.2K which also finds confluence with a 1:1 Fibonacci projection to 1.15K area. See you there!

Comment

Comments
CoastGhost
Always appreciated!
road2100m
thanks for your analysis dRend.
GhostRyder_72
OK so basically you have 5 waves down to 1200...then ABC relief rally then another 5 waves down?
burakb
See you at 10k
supremetrejdr
@burakb, you should continue staring at your di*k to increase your iq
burakb
@supremetrejdr, lol I am short. It is a a joke btw me and drends lol, I am on ur side bro :)
supremetrejdr
@burakb, Nice. I think there's a higher chance ETH goes to 50 $ than 10,000 $
burakb
@supremetrejdr, all altcoins will lose at least 95% from ath ,including eth. When everybody says "oh I think crypto was a scam" . I will buy and hodl
burakb
@supremetrejdr, "buy the fucking dip" lol :D
supremetrejdr
@burakb, buying the dip doesn't work in crypto. i only buy capitulations, or I short scam rallies.
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