ETH 1380 60d EMA battle line - WHO WILL WIN & WHEN
As expected the bulls pushed back at the heavily protected support line. Nice bounce currently playing out, but the bears will clearly come back down again with a vengeance, to test and retest in an effort to break support.
In essence this isn't a war between bears and bulls rather this is high-class industrial manipulation as stated earlier, the big money trying get in at a good position by scaring away the weak hands.
If all continues as planned it may take a few more tries until 1380-1420 support is broken, followed by a quick and heavy dart to the 1k line. At that point, the institutions, taking advantage of the liquidity, will fill their pockets with as much ETH as they can. As soon as they are satisfied, the announcements will come out and the price will head ballistically towards 3k.
Now's the time to place your buy orders and follow the smart money.
In essence this isn't a war between bears and bulls rather this is high-class industrial manipulation as stated earlier, the big money trying get in at a good position by scaring away the weak hands.
If all continues as planned it may take a few more tries until 1380-1420 support is broken, followed by a quick and heavy dart to the 1k line. At that point, the institutions, taking advantage of the liquidity, will fill their pockets with as much ETH as they can. As soon as they are satisfied, the announcements will come out and the price will head ballistically towards 3k.
Now's the time to place your buy orders and follow the smart money.
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