Ethereum Break
Remember crypto? Yeah, we all do. Anyway, take a look at the persistent #2 in that sector, Ethereum. It is worth one-quarter what it was a couple of years back (Raoul Pal’s preposterous predictions notwithstanding) and, importantly, has failed its right triangle pattern. This, to me, is just another tidbit in the growing body of evidence that assets are universally heading south, since the fever has broken.
(Click on image to enlarge)
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I tilt to the bearish side. Slope of Hope is not, and has never been, a provider of investment advice. So I take absolutely no responsibility for the losses – – or any credit ...
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