If you missed my last 3-4 Ideas that suggested to start building Short Position from 36,000 - 42,000$, you have another one Last opportunity to do so, after that we will leave the Distribution Phase and have Free Fall!!
Be Careful Guys! Don’t Listen to what they tell you, yes ETH will reach 10k this year but after massive correction of the whole crypto market.
The Top is close and the maximum we will see another 20-36% pump and that’s it.
Like I said the top of this move is around the 42-44 area and I suggested to start building short position 36-42.
This will be quick move.
Remember that charts are dynamic so If anything changes, I’ll update you.
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If you follow my other ideas you can clearly see that we are on track, big correction is inventible. TA shows that ~12,000$ is the most logical support but in less bearish scenario ~15,000$ Can hold.
I will be looking for short opportunities when we touch 22-24k.
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If you look at the pattern you can see that it broke it (Red circle) and then pumped to around 10k, then we got COVID-19 and dumped hard to 3k.
Can you see the chart? It came exactly to the lower support line/ got back into the pattern.
Now look at the new pattern we got, looks the same and it makes...