ETH Struggling to finish over 200 MA
After what seemed like a double bottom and a solid run right after a head and Shoulders pattern. ETH is constantly being rejected at the 200 MA. I've made a short because I believe it will now retract. The merge is on the horizon and the community is split. Some say it will pump and some say it will dump. DYOR and Study the charts and see what happens. Miners will be pointing there rigs elsewhere (most likely ETC) and selling what they have mined just in case.
Buy in - $1710
Aiming for - $1360
Stop Loss - $1750
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Buy in - $1710
Aiming for - $1360
Stop Loss - $1750
Thanks for taking your time to have a read! Don't forget to Follow me for more Ideas!
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