📉 Precise top-spotting! ETH crashes 6% as expected, and the 4-hour top divergence kicks in! Next, short with focus on 1930-1950!


Yesterday I posted saying it was about to top out, and sure enough, a massive waterfall hit—ETH dropped 6% from its peak. Of course, this is indeed a big selloff caused by multiple factors resonating together, including a fully formed four-hour structure in Chan theory + a four-hour top divergence + ETH reaching a key resistance area such as 1964. What we need to do now is to patiently wait for a four-hour rebound without breaking the high point, then short, ride a wave of daily downside. The key is to watch the short zone at 1930-1950. #eth
ETH1.99%
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What do you think?
Is it up in August 📈?
Did it drop in August by 📉?
Trading range in August?
40 ParticipantsEnds In 13 Hour
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GateUser-bb1018fd
· 5h ago
To The Moon 🌕
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GateUser-bb1018fd
· 5h ago
To The Moon 🌕
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AirdropEcho
· 8h ago
The analysis is very thorough. The divergence between the top and bottom on the 4-hour chart is indeed clearly visible, but you should also watch the support below—if it breaks, there could be an acceleration in the downside. The 1930-1950 range is indeed a good entry zone, with a stop-loss set above 1965.
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ArbitrageHunter
· 10h ago
Ride along with the big shots to take profits, and wait for the rebound to short!
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