ETHUSDT SPOTShort
Bitcoin, Yes! But What About Ethereum?
Bitcoin's chart is doubtful, this cannot be denied. Not everybody can look at it and easily determine what is going to happen next. Not everybody can extract the hidden and subtle signals; but what about Ethereum?
➢ Ethereum and Bitcoin move together, they are siblings; what one does, the rest follows.
➖ Ethereum, ETHUSDT, has a clearly bearish chart, this is something we can all see.
➖ Ethereum peaked in March 2024, just as Bitcoin did.
➖ Ethereum produced a major low in early August, just as Bitcoin did.
➖ Ethereum is 100% bearish, just as Bitcoin is... Wait, is it?
Yes, they are both one and the same.
When one chart is doubtful, we can look around and we can find clues in other pairs that tend to move in the same way.
Notice the volume breakout yesterday, the bear day produces twice as much volume as the daily average.
Notice the lower high and the EMA377 resistance being confirmed.
Ether is set to produce a lower low, this is clear, but what about Bitcoin?
Will Bitcoin detach and move up while everything moves down?
I don't think so... The market is set to experience one major drop.
Think of early August but much, much stronger...
Thanks a lot for your continued support.
Namaste.
➢ Ethereum and Bitcoin move together, they are siblings; what one does, the rest follows.
➖ Ethereum, ETHUSDT, has a clearly bearish chart, this is something we can all see.
➖ Ethereum peaked in March 2024, just as Bitcoin did.
➖ Ethereum produced a major low in early August, just as Bitcoin did.
➖ Ethereum is 100% bearish, just as Bitcoin is... Wait, is it?
Yes, they are both one and the same.
When one chart is doubtful, we can look around and we can find clues in other pairs that tend to move in the same way.
Notice the volume breakout yesterday, the bear day produces twice as much volume as the daily average.
Notice the lower high and the EMA377 resistance being confirmed.
Ether is set to produce a lower low, this is clear, but what about Bitcoin?
Will Bitcoin detach and move up while everything moves down?
I don't think so... The market is set to experience one major drop.
Think of early August but much, much stronger...
Thanks a lot for your continued support.
Namaste.
🔥 PREMIUM Trade-Numbers
lamatrades.com (Since 2017)
🏆 Results: t.me/alansantana1111/5935
🔝 Daily Cryptocurrency Technical Analysis
followalan.com
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
lamatrades.com (Since 2017)
🏆 Results: t.me/alansantana1111/5935
🔝 Daily Cryptocurrency Technical Analysis
followalan.com
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.