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Technical analysis by Numberfive about Symbol ETH on 20 hour ago

https://sahmeto.com/message/3601594
Numberfive
Numberfive
Rank: 177
3.3
،Technical،Numberfive

BITCOIN Is it printing a lower high?Well by the way is moving (playing lazy) and knowing that its 4hrs Bullish TIME Cycle is near the end we can only say that if it doesn't turn on the boosters then it will be in trouble. Next drop will start soon and once we see how low bears were able to push price down we will know if target price of $118k will be possible by end of month/first week of July or not. $114K started to show up on radar but with the TIME bulls have left I don't think will be possible to get there . Will see how bulls play their last hand of the month. We'll follow with updates so stay tuned.Well....well....well, looks like Bitcoin finally decided to wake up, but not out of the woods yet.This is what follows: the retrace that will start within the next 2hrs , will be the 1hr retrace within the last stage ofthe 4hrs Bullish Cycle so it shouldn't be too bad max down $106K but the next one after it bounces from current retrace that's the one we should be worry about. Lets see how bulls manage this 1hr Bearish Cycle which starts within 2hrs. Buckle up ladies and gentlemen we are heading into wild bears terry.

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Signal Type: Neutral
Time Frame:
4 hours
Price at Publish Time:
$2,636.94
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