1337 views
Another one of the big buys, Ethereum ( ETHUSD ), is also aiming lower...
What do you think will happen when big money flows out of Bitcoin , Ripple, and Ethereum?
Where is this money going?
The smaller altcoins of course... We are talking about thousands and thousands of altcoins.
---
Back to Ethereum ...
We can see prices moving below EMA10 and the exact same signals we saw on the Bitcoin ( BTCUSD ) chart.
We have the indicators, MACD and RSI , trending lower as well as bearish divergence with both.
We also have a bearish cross on the MACD and the bear volume being clearly stronger than bull volume since the beginning of the month.
This is no big deal...
This is not a problem...
Prices go down, just as they go up.
You always get a retrace after a strong bullish move.
Conditions for change
We would need to see Ethereum ( ETHUSD ) move above the last high and staying there for the bearish bias that is developing now to be canceled out.
For now, we are aiming for lower prices.
Thanks a lot for reading.
Namaste.
What do you think will happen when big money flows out of Bitcoin , Ripple, and Ethereum?
Where is this money going?
The smaller altcoins of course... We are talking about thousands and thousands of altcoins.
---
Back to Ethereum ...
We can see prices moving below EMA10 and the exact same signals we saw on the Bitcoin ( BTCUSD ) chart.
We have the indicators, MACD and RSI , trending lower as well as bearish divergence with both.
We also have a bearish cross on the MACD and the bear volume being clearly stronger than bull volume since the beginning of the month.
This is no big deal...
This is not a problem...
Prices go down, just as they go up.
You always get a retrace after a strong bullish move.
Conditions for change
We would need to see Ethereum ( ETHUSD ) move above the last high and staying there for the bearish bias that is developing now to be canceled out.
For now, we are aiming for lower prices.
Thanks a lot for reading.
Namaste.
🌐 ALAN MASTERS TRADES PREMIUM
The Best Altcoins Trades | Discount 🔥90END
https://alanmasterstrades.com
➡️ Alts, Chars & FREE trades +Telegram
https://t.me/AMTrades
📊Join Me on Binance!
https://bit.ly/39Eu3qN
💬 CHAT http://alanmasters.chat
The Best Altcoins Trades | Discount 🔥90END
https://alanmasterstrades.com
➡️ Alts, Chars & FREE trades +Telegram
https://t.me/AMTrades
📊Join Me on Binance!
https://bit.ly/39Eu3qN
💬 CHAT http://alanmasters.chat
Comments
The market is behaving differently.
Thanks a lot for sharing.
Namaste.
Many coins go through their own cycles.
It is not as black and white as you put it.
Namaste.