ETH Ethereum Ponzi has shown signs of topping. Will revisit $80
Ethereum has hit many long term resistances, including daily ichimoku and moving averages. While I don't give too much importance to lagging indicators (apart from MACD as I use it as a momentum indicator and to spot divergence), I can definitely say with certainty that bitcoin and cryptos have been respecting these long term resistance indicators during this bear market and have always given great opportunity to short.
I'm expecting a breakdown of ETH pending Bitcoin's move. Many alt coins have had a silent spring/rally which I have not taken apart of, but these coins were accumulated at the lows and many have gone up 30-100%+ which is enough for big players to start to take profit, especially in a bear market.
I'm expecting a breakdown of ETH pending Bitcoin's move. Many alt coins have had a silent spring/rally which I have not taken apart of, but these coins were accumulated at the lows and many have gone up 30-100%+ which is enough for big players to start to take profit, especially in a bear market.