With Ethereum we need to sing! Think of "Rihanna - Work ft. Drake" and replace "Work" with "Drop".
This song won't make it to the charts unfortunately... But at least you can see why you will lost money so easily.
Ethereum seems to be following Bitcoin. While it's not sure how much Bitcoin will drop, with Ethereum we can assume that it will be a hard drop drop drop drop drop drop.
What else is to say? Maybe the why? See the MA50 and MA200 cross which I highlighted just for you? We are at the beginning of the bearish move that thing started. And of course a big break out through a few trendlines: A typical sign of consolidation and drop drop drop drop.
Just look at that RSI. It doesn't just have a great design of which I'm very proud of (as I've designed it). It also makes you think oversold and make you buy/hold. But at the end of the day, You'll lose money - again.
This song won't make it to the charts unfortunately... But at least you can see why you will lost money so easily.
Ethereum seems to be following Bitcoin. While it's not sure how much Bitcoin will drop, with Ethereum we can assume that it will be a hard drop drop drop drop drop drop.
What else is to say? Maybe the why? See the MA50 and MA200 cross which I highlighted just for you? We are at the beginning of the bearish move that thing started. And of course a big break out through a few trendlines: A typical sign of consolidation and drop drop drop drop.
Just look at that RSI. It doesn't just have a great design of which I'm very proud of (as I've designed it). It also makes you think oversold and make you buy/hold. But at the end of the day, You'll lose money - again.
