#ETH ETHEREUM exhaustion Top , Go Down baby
Updated
ETHEREUM second exhaustion top just formed. Unlikely it will be able to avoid a pullback especially with such a weak bitcoin. Ethereum retracement and consolidation is highly needed and longed for by the market. Sooner we retrace and sooner will be able to reach its 5k target See chart. Buy the dip at 3200$ and 3000$.
A possible retracement to 50/100ema is also possible before the next leg up. But I think it is unlikely since Ethereum is sooo bullish at the moment.
A possible retracement to 50/100ema is also possible before the next leg up. But I think it is unlikely since Ethereum is sooo bullish at the moment.
Trade active
1ST TARGET REACHEDTrade active
2ND TARGET 3200 reachedTrade active
50ema PIERCED, 1st early long position here, second at 2500$Trade active
Crypto Apocalypse! last entry at 1750Trade closed: target reached
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