Gonna get a lot of hate for this one. I don't really care. Ethereum very well could be in a downsloping channel right now. If it IS in a downsloping channel... we are looking at 900$ ethereum. And it's looking like it happens in the next 7 days. July 21st-July 26th.
Using Fibonacci I set the 1700$ dump as the .236. This projects us down to 900$ ethereum (if this is true).
The downsloping channel touches the 0 of the fib structure in 4-5 days. This means... if I am right, look for 900$ ethereum in a few days.
Ethereum is posting hidden bearish divergence like CRAZY right now. You have no idea what this means to the future of the price of the asset. It means dumpster fire incoming. It means 100% bad. Ultra bad. Inverse moon.
I wonder how far bitcoin will go down if/when this happens. Bitcoin probably goes to 14-20k. I don't care about bitcoin enough to try and guess it's exact price. I'm locked in on ethereum right now.
Are you ready for crypto to lose 50% of it's value? Do you think I'm crazy?
Most of the commenters here are hopium addicts so I expect a lot of flaming in the comments section. Bring it on, moonboys.
Hate me if you want. When I'm right? Feel free to follow me. If I'm right? Buy 900$ Ethereum. It probably comes up to 1700 or so after it drops to 900. Double your money in a week or two if I'm right.
Using Fibonacci I set the 1700$ dump as the .236. This projects us down to 900$ ethereum (if this is true).
The downsloping channel touches the 0 of the fib structure in 4-5 days. This means... if I am right, look for 900$ ethereum in a few days.
Ethereum is posting hidden bearish divergence like CRAZY right now. You have no idea what this means to the future of the price of the asset. It means dumpster fire incoming. It means 100% bad. Ultra bad. Inverse moon.
I wonder how far bitcoin will go down if/when this happens. Bitcoin probably goes to 14-20k. I don't care about bitcoin enough to try and guess it's exact price. I'm locked in on ethereum right now.
Are you ready for crypto to lose 50% of it's value? Do you think I'm crazy?
Most of the commenters here are hopium addicts so I expect a lot of flaming in the comments section. Bring it on, moonboys.
Hate me if you want. When I'm right? Feel free to follow me. If I'm right? Buy 900$ Ethereum. It probably comes up to 1700 or so after it drops to 900. Double your money in a week or two if I'm right.