CAUTION! - The Market is TOO OPTIMISTIC - FALL IS SOON - ETH
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I see that nearly everyone has turned bullish which is really scary, seeing greedy people everywhere. This greed is not good for the market. To be honest, I don't want the market to continue in the bear cycle, yes, you heard it right. I would much prefer a bull market where - this time! - I know where to exit so I will earn a lot and work from a beach drinking my cocktail next time.
However, I have to stay calm, try to be objective. I still don't see enough signs for the bull market. If we turn bull, it will not be a huge loss for me, I will enter back the cryptos from %10 - %20 more expensive but again I will have huge bull gains. Risk / Reward is much more important for me. I want to sleep peacefully, without anxiety, this is just who I am...
Anyway... ETH is performing the most beautiful ABC correction in cryptos. To be honest I really do love ethereum, the charts are really neat, it does not stop you out like EOS.
So when we consider the big green ABC, we see that it is a perfect 1:1 wave with a perfect time correlation
time: A + B = 0.618 * C
price:
A = C = B / 0.786
There is still room for the fake pumps however I don't find it likely to go above 220 - 230 usd's.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.