Ethereum / TetherUSКороткая
ETH 2021 vs ETH 2017
Обновлено
As mentioned in the last idea, ETH was following both the BTC & ETH 2017 fractals.
I was betting on the BTC fractal which would put the cycle top around 20k+.
However, that fractal is broken and ETH continues to follow its 2017 fractal, which puts the cycle top around 13k.
Expecting ETH to go much lower from here.
Cycle top anywhere between December 2021 and February 2022.
Off course it won't follow the fractal perfectly, but for now, the 2017 ETH fractal holds and it shows more downside before anything else.
Would not want to hold any ALTS in this period either.
If we continue to follow 2017, BTC Will take over the lead and ALTS will lag behind for a while.
I was betting on the BTC fractal which would put the cycle top around 20k+.
However, that fractal is broken and ETH continues to follow its 2017 fractal, which puts the cycle top around 13k.
Expecting ETH to go much lower from here.
Cycle top anywhere between December 2021 and February 2022.
Off course it won't follow the fractal perfectly, but for now, the 2017 ETH fractal holds and it shows more downside before anything else.
Would not want to hold any ALTS in this period either.
If we continue to follow 2017, BTC Will take over the lead and ALTS will lag behind for a while.
Заметка
Idea is invalidated if we reclaim WO around 3.9kЗаметка
Watching closely here, ETH reaching a make or break point.Заметка
ETH reclaimed both the monthly open + 0.5 fib of the drop down. As long as we keep above, we have a chance to break this fractal.
Заметка
The counter argument: If ETH/BTC break red line, I think we get a strong run up.
Похожие публикации
Отказ от ответственности
Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.