It looks like the Parabolic move is over for Ethereum
- We have Regular Bearish
Divergence on the 5th Wave. We are about to go below my crucial line -this looks like the A-wave
. ETH against USD looks pretty healthy so far, but if we take a look at the ETH/BTC
Chart it starts to look very bad - we are here inside a huge descending triangle
, which looks very scary.
This makes sense in regard to FA also - We dont have a lot ICOs anymore. Back then one of the reasons why we saw a super strong ETH, was because investors needed ETH to buy into ICOs.
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