Hello.
I believe the Crypto market is about to crash pretty soon like never before.
Volume is absurdly low and im 80% sure that we soon see the crypto bubble burst.
Healthy uptrends have higher low´s in volume, we have lower lows in volume.
Eth is currently in a kind of "rounding top" (red curve) and should soon get rejected from the curve and crash.
Arround 400 USD is the next big support for Eth if it breaks the 1800 Usd Support. It can even go lower after that.
ETHBTC pair on Binance has even lowest Daily volume since 2017 ( !!! ). Check it yourself!
I was closely watching volume recent months and my doubt about a continuation got bigger and bigger as volume was shrinking.
Now that Volume in recent days got even lower, im confident in calling a crypto crash soon.
Active Adresses for Btc are stagnating since 2017, there´s no "Adoption" since that time.
Be careful out there!
DYOR.
I believe the Crypto market is about to crash pretty soon like never before.
Volume is absurdly low and im 80% sure that we soon see the crypto bubble burst.
Healthy uptrends have higher low´s in volume, we have lower lows in volume.
Eth is currently in a kind of "rounding top" (red curve) and should soon get rejected from the curve and crash.
Arround 400 USD is the next big support for Eth if it breaks the 1800 Usd Support. It can even go lower after that.
ETHBTC pair on Binance has even lowest Daily volume since 2017 ( !!! ). Check it yourself!
I was closely watching volume recent months and my doubt about a continuation got bigger and bigger as volume was shrinking.
Now that Volume in recent days got even lower, im confident in calling a crypto crash soon.
Active Adresses for Btc are stagnating since 2017, there´s no "Adoption" since that time.
Be careful out there!
DYOR.
Comment:
This in for example BNBUSDT volume on Binance.
LOWEST VOLUME SINCE 2017! Its not just ETH its whole Crypto Volume.
The Signs are so obviouse and i recommend everybody to play it safe and if your long against the odds, ONLY INVEST WHAT YOU CAN AFFORD TO LOOSE.
Im more confident in a bear market then ever!
Im seldomly so confident in a trading setup as markets dont give this clear signs often!
Laught at me but even two digit ether prices are possible.
LOWEST VOLUME SINCE 2017! Its not just ETH its whole Crypto Volume.
The Signs are so obviouse and i recommend everybody to play it safe and if your long against the odds, ONLY INVEST WHAT YOU CAN AFFORD TO LOOSE.
Im more confident in a bear market then ever!
Im seldomly so confident in a trading setup as markets dont give this clear signs often!
Laught at me but even two digit ether prices are possible.
Comment:
This are my short entry´s if you still wanna short eth
we could go sideway another week before the big crash and test curve again. potentialy good short entry there with sl. not sure about the sideway tho. we could also just crash on.