ETHUSD MNT: LOW 400/500 USD + PRICE/RSI DIV AND 90% CORRECTION

Why get subbed to me on Tradingview?

-TOP author on TradingView
-2000+ ideas published
-15+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
-Frequent updates
-Covering FX/crypto/US stocks
-before/after analysis
-24/7 uptime so constant updates

🎁Please hit the like button and
🎁Leave a comment to support our team!

ETHUSD MNT: LOW 400/500 USD + PRICE/RSI DIV AND 90% CORRECTION
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.

- ETHUSD monthly chart review
- noteworthy PRICE/RSI divergence
- which doomed ETHUSD bull market
- also 90% measured move from the past
- no relief in sight currently
- expecting more losses
- July/August likely RED months
- FED RAISING RATES / BEARISH outlook
- no positive catalysts for trend reversal
- At least until September 2022
- recommended strategy: short sell rips/rallies
- expecting 90% correction ab=cd
- potential cycle low near 400/500 USD
- no upside in this environment
- expect bears to maintain control
- this is HTF chart / monthly chart
- we MIGHT get bounces / rips / rallies
- focus on short selling into RIPS
- final TP BEARS 400/500 USD
- forget about reversals until September
- good luck traders

RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.