ETH crash
dump is not over, almost all crypto is going to get somewhat of a reset and rightfully so, especially the stupid memecoins, thats almost the dumbest thing thats ever happened in financial history.
May take a few months but we'll be down to $700-200 in eth price, quite the range there but honestly not trying to pinpoint a bottom until its clearer at the time, for now all I know is that the markets will continue down for sometime, no point investing right now, accumulate fiat and invest 6 months from now, maybe a year from now.
something to keep in mind, every key breakout was after 3 months or more of consolidation so we're pretty far away from a bottom IMO.
As I've highlighted above on the Eth chart, 2 x 1 month candles closed below the last support and then rejected top side, from there its down until next support levels.
Goodluck everyone, dont let your bias get you rekt.
May take a few months but we'll be down to $700-200 in eth price, quite the range there but honestly not trying to pinpoint a bottom until its clearer at the time, for now all I know is that the markets will continue down for sometime, no point investing right now, accumulate fiat and invest 6 months from now, maybe a year from now.
something to keep in mind, every key breakout was after 3 months or more of consolidation so we're pretty far away from a bottom IMO.
As I've highlighted above on the Eth chart, 2 x 1 month candles closed below the last support and then rejected top side, from there its down until next support levels.
Goodluck everyone, dont let your bias get you rekt.
Feragatname
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.