Model EW Forecast for Ethereum:
- We expect a macro turn in the nearest future, if it has not already begun.
- We expect risk appetite to decrease substantially for cryptocurrencies.
- Bitcoin has begun a clear downtrend, with a high volatility sell-off.
- Technically at the top of a head and shoulders pattern at the end of wave 5.
GLHF,
DPT
Disclaimer:
We absolutely do not provide financial advice in any shape or form. We do not recommend investing based on our opinions and strongly cautions that securities trading and investment involves high risk and that you can lose a lot of money. Loss of principal is possible. We do not recommend risking money you cannot afford to lose. We do not guarantee future performance nor accuracy in historical analyses. We are not registered investment advisors. Our ideas, opinions and statements are not a substitute for professional investment advice. We provide ideas containing impersonal market observations and our opinions. Our speculations may be used in preparation to form your own ideas.
- We expect a macro turn in the nearest future, if it has not already begun.
- We expect risk appetite to decrease substantially for cryptocurrencies.
- Bitcoin has begun a clear downtrend, with a high volatility sell-off.
- Technically at the top of a head and shoulders pattern at the end of wave 5.
GLHF,
DPT
Disclaimer:
We absolutely do not provide financial advice in any shape or form. We do not recommend investing based on our opinions and strongly cautions that securities trading and investment involves high risk and that you can lose a lot of money. Loss of principal is possible. We do not recommend risking money you cannot afford to lose. We do not guarantee future performance nor accuracy in historical analyses. We are not registered investment advisors. Our ideas, opinions and statements are not a substitute for professional investment advice. We provide ideas containing impersonal market observations and our opinions. Our speculations may be used in preparation to form your own ideas.