ETH can't continue going up, a DUMP is coming

ETHUSD continues losing momentum, a shooting star is probably forming on the top of the uptrend, volume is going down and BTCUSD is also losing momentum, this can mean that ETHUSD is about to dump towards the previous $100 support.

ETHUSD has grown too much in a very short time, but the crypto market is still bearish as a whole, as we continue moving towards being overbought the risk for a dump in the coming days increases

Because of this I'm still bearish on ETHUSD and a DUMP towards $100 is very likely

This of course is NOT TRADING ADVICE. just a warning

Commento:

PROFITS TAKEN

Trade chiuso: obiettivo raggiunto

Commento:

If the $100 support holds, and the crypto market gains some momentum we could see a bounce back to $150