Whatever the hype this false breakout dies not look good. Ex | njmanura crypto on Binance Square

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Bearish

Whatever the hype this false breakout dies not look good. Exiting all ethereum call options and opened August 15 put option.

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ETH

4,609.63

-2.42%

BTC

118,729.63

-3.80%

101

0

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#ethereum we are heading for a major correction. Bitcoin broken LTF support and going up in overlapping rallies. This exit indicated profit taking mentality of ETH whales. For the context eth went from 3300 to 4800 in a single go need to cool down.

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Its like the horror TV series “From” where you cannot escape from the nightmarish town. We are back into the chopping range. There is no escape. #bitcoin where you will get chopped out.

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#eth People are shorting this rally. Can see it through orderbook delta. This has more legs. Probably hit 4800 / ATH this week.

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#ethereum people are selling #bitcoin to buy eth. This occurwd way back in 2017 cycle and eth went parabolic. It is happening again. Never fade Tom Lee.

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#bitcoin last diagonal trendline/ channel to break. Bears last line of defence.

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