Hi guys,
I always look the ETHBULL and ETHBEAR to help me understand where the market put is money. AS for now, we see a meteoric rise in the volume, highest since ETHBEAR creation, meaning that a bunch of people put their money expecting a ETHUSD dip. This is a way for me to analyze market sentiment objectively (people money) instead of subjectively (people opinion). This is useful because you never know where the top is in a bullish market, you keep seeing moonboy article all over internet, chat and forum. The introduction of ETHBULL and ETHBEAR token help me understand the money flow and defacto people intention
Right now we have a bullish wedge forming in the ETHBEAR chart
Example of bullish falling wedge :
am-production.s3-eu-...Falling-Pattern1.jpg
I always look the ETHBULL and ETHBEAR to help me understand where the market put is money. AS for now, we see a meteoric rise in the volume, highest since ETHBEAR creation, meaning that a bunch of people put their money expecting a ETHUSD dip. This is a way for me to analyze market sentiment objectively (people money) instead of subjectively (people opinion). This is useful because you never know where the top is in a bullish market, you keep seeing moonboy article all over internet, chat and forum. The introduction of ETHBULL and ETHBEAR token help me understand the money flow and defacto people intention
Right now we have a bullish wedge forming in the ETHBEAR chart
Example of bullish falling wedge :
am-production.s3-eu-...Falling-Pattern1.jpg