bear will take over soon, target remains 2k
BTC: clear bearish pennant continuation pattern forming on weekly, we still have not seen capitulation volume yet.
ETH : weekly stoch rsi is already bearish crossed, ethusd long/shorts hits ATH, around 4.
overall sentiment: retailer money has been sucked in shitcoins that playing pump and dump game. ETH long/short also indicate the overall sentiment of the market.
looking at weekly chart, 2k is imminent is just a matter of time. lets wait and see.
ETH : weekly stoch rsi is already bearish crossed, ethusd long/shorts hits ATH, around 4.
overall sentiment: retailer money has been sucked in shitcoins that playing pump and dump game. ETH long/short also indicate the overall sentiment of the market.
looking at weekly chart, 2k is imminent is just a matter of time. lets wait and see.
Note
By the way, BTC weekly rsi first time hitting the resistance since we drop from 6k
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.