Just as ETH futures ready launch a head and shoulders formation is playing out on the ETH 2hr Huobi USDT chart and a double top playing out on the BTC.Tether daily Binance indicating both BTC and ETH are bearish, BTC for the longer term and ETH for the shorter term.
I will be waiting on the sidelines with cash for the time being until a determination can be made regarding direction. It may take until the end of the month to resolve as pointed out in my first blogpost.
Posted Using LeoFinance Beta
Posted Using LeoFinance Beta