Short squeeze pump before the big dump
Just like the title says I think ETH squeezed a bunch of shorts before a big dump.
It looks like a double head n shoulders pattern is playing out that I have indicated on the chart.
ETH has had an epic run up this past year but all good things have to eventually end.
ETH chart pattern is extremely over extended.
We're still in a bear market and I expect us to head into the lower 3000's soon
Aprox 24 hour time frame from pump to dump.
It looks like a double head n shoulders pattern is playing out that I have indicated on the chart.
ETH has had an epic run up this past year but all good things have to eventually end.
ETH chart pattern is extremely over extended.
We're still in a bear market and I expect us to head into the lower 3000's soon
Aprox 24 hour time frame from pump to dump.
Note
So far so good. Merry Christmas!!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.