Ethereum (ETH) • Time to reduce long exposure
Updated
ETH is currently looking weak on the Weekly and singling a reversal on the daily.
Check the video for technical levels and my overall thoughts on the king of all scams.
Check the video for technical levels and my overall thoughts on the king of all scams.
Note
As price moves up very fast on noticeable low volumes everything is smelling like a trap. Of course market can stay irrational longer than we can stay solvent BUT we have most FUTURES still coming down even as price rally up.Be suspicious, very suspicious. This PA is more result of low sell pressure on the order-books but market makers are able to mark price up with low effort (low volumes) to drive FOMO.
D7R
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