Ethereum looking weak here against Bitcoin. A strong sign the trend has changed.
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In consideration of Bitcoin potential triangle reversal and SOW just above (if you've been following my Wyckoff thread you'll know what that this), I'm staggering into a short here.
Not advice
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Hodlers cackling "you'll never see 3K again" and in the blink of an eye, looking like they may be right, just not from a bullish perspective. If BTC is in a coiling reversal, good chance you won't see a 3K ETH again for years.
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Price coiling. Price will probably take a breather before heading lower. Please do not think that this triangle shape has to play out exactly - fractals can lead to more fractals, its just to show the coil.
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ETH is done right here. Price is $2900
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Not advice.
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Apologies I was unable to post my exit yesterday following a discussion with one of the websites many Garlicoin billionaires - who disagreed with one of my ideas. I'm making a group it seems. PM me and you won't miss a thing.
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