Ethereum Calls For Patience... Better Prices Soon (Wait!)

Jul 6Believe it or not, I can feel you...
I can feel your fears, your worries, your anxieties and your doubts.

I can feel your need for guidance at this crucial time...
That's good; I am here for you.

👉 Ethereum is going lower; plain and simple.
I shall explain!

What you see depicted on the chart is a bearish pattern.
What just happened is a bearish move; a strong challenge of support.

This support level, marked here with red lines, held nicely but still, ETHUSDT is set to move lower; why?

After the 12-March peak the next peak (27-May) we have a lower high. That's all we need to know.

The lower high indicates a lower low.
Support holds but just became weaker and it will be challenged again... With the high volume coming in on the first try, the second attempt will take it down and if not the second, the third. But there won't be a third.

The chart is showing a clear bearish bias, so buyers have to wait.

If you are looking to buy, why not wait for the best possible price?
If you are looking to go long, wait for the chart to tell you so.

If you don't understand what I am saying, then the more reason for you to wait... Better prices are coming and once you get a better price, it is win situation... Think about it!

Thanks a lot for your support.
You are appreciated.

You are a divine living being...
You are eternal... Remember this.

Namaste.