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Message Subject Crypto bottoms when we have our next "world event" similar to covid pandemic
Poster Handle Anonymous Coward
Post Content
nemo, ethereum looks like it is at the fork in the road. either bear market starts exactly right now or it will start a major bullish pump upwards. it has to choose. right now.

here's why i'm leaning towards going down.

[imgur] [link to imgur.com (secure)]

picture 1, it is potentially double topping at a major price point going back two years. not good at all. especially with the bearish divergences in the picture below

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[imgur] [link to imgur.com (secure)]

-classic bearish divergence on the daily macd -white lines and white text

-hidden bearish divergence on the daily rsi (with the daily rsi at 70) - yellow lines and yellow text

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i'm ready for the bear market to end. just start dumping already
 
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