How low will eth go? Nobody knows. Probably double bottoms as it has done that historically. The HNS neckline retests have all failed, so there's usually only the down direction from this point.
Is this the bottom? IDK, maybe, maybe not. If it were, this is how it'd likely play out.
Looks like a big HNS or inverse cup and handle, can take months to play out tho and can go higher from here to build the right shoulder more. See BTCs chart.
All one ever had to do was short above the yellow line
But in the end it didn't even matter. How long with this down trend last? 620 days? 720? If it copies 2018 the bottom would be around 9k.
A giant descending triangle that made a head and shoulder, which then made another descending triangle. Talk about a rug by Sammyboi.
Not too bullish unless it retests the neckline and completely fades the bearish HNS
Nasdaq will hit this triangle eventually then might bounce or just break right through it BIG RUG
Lunas gonna rug, very predictable due to who it is associated with........
SNP will hit the triangle, LIKE ALL OTHER FAILED BREAKOUTS Big RUG ahead IT's OVER
wow what an absolute amazing coin constant new highs everyday the best
Unless there is some news to pump this it probably will fall soon. Of course BTCs price will have an affect on it, but I wouldn't bet long on ape until a big dump occurs.
Chainlink ruging soon, tether up, frfrfrfr Sergey going hard in the dump
Sand go down the drain oh no Touch the white MA then die Many Sand holder will cry Then realize the metaverse was always a lie
Gotta bearish gartley which will bring up the price, then a slight dip more than likely. If BTC doesn't nuke, LRC will probably moon.
BTC is making a giant HNS that has 3 potential tops. If it goes past 53 the pattern is invalidated. Watch each potential top for crash signs. If they do not appear, stay long.
The right shoulder is being formed right now. which is the completion of the bearish gartley pattern. I don't see any reason for much more of an uptrend. The DXY looks bullish and stocks look bearish. Some more upward movement is possible but I don't think eth is going to 10k anytime soon. It also could just bart down.... or up.
Weekly 200 MA is 3800 It will fall to somewhere around there