Leveraged traders started to buy ETH in march of 2018 at price $850 (note first TL break) BUT have reversed this trend recently (second trendline break which happened recently
$ETH longs finally breaking out of the wedge
$ETH Longs on ATH in a wedge with bear div, hmmz..
Get out of the ETH, long squeeze incoming, please comment
$ETH longs, rising wedge looks completed + bear div
I don't really trade crypto for a while now just because of it's very hard to tell if it will go up or down in the short term. Since I bought my crypto many years ago I don't really care. But it is still interesting to see what this market does. I am reading many ideas on the TradingView platform. People think to know whats going to happen and their ideas are more...
This self-explanatory chart is here to get a grasp on the psychology of the crypto-market. The FUD-fuel "Crypto-Winter" was nothing more than a long-awaited boom-and-bust cycle, something that old investors are quite familiar with. What they aren't familiar with, is the quick pace of this market: what used to take decades to settle down, is done in a mere 14...
$ETH shorts fractal says dump tomorrow
As you can see it's 5:1. Whenever the two sides were that imbalanced a huge move occurred and the direction was always to the less crowded pole.