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BA_Investments
May 31, 2023 5:06 PM

ETHEREUM SELL TO $600 (UPDATE) Short

Ethereum / U.S. dollarBitstamp

Description

ETH moving as expected on the bigger TF & dropping to the downside. On the smaller TF's like the 1 & 4hr chart we saw a small pump. This liquidity grab would have enticed new retail buyers into the market who trade without a solid plan. FOMO would have trapped them. Now we expect the downtrend to continue on the bigger TF's.

September/October onwards should provide very good buying opportunities within the Crypto market overall, at very cheap discounts. Institutional firms are buying the markets right now using a DCA strategy🔥
Comments
HelioHelix
Spot on IMO. I have the same count.
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