#ETH ETHEREUM exhaustion Top , Go Down baby
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$.
A possible retracement to 50/100ema is also possible before the next leg up. But I think it is unlikely since Ethereum is sooo bullish at the moment.
A possible retracement to 50/100ema is also possible before the next leg up. But I think it is unlikely since Ethereum is sooo bullish at the moment.
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1ST TARGET REACHED
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2ND TARGET 3200 reached
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50ema PIERCED, 1st early long position here, second at 2500$
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Crypto Apocalypse! last entry at 1750
Trade stängt: målet nått