Eth TA β To back test my BTC thesisEthereum / TetherUSBINANCE:ETHUSDTJoopooranskiπππ£πππ₯ ππ₯π£π¦ππ₯π¦π£π πΉπͺ ππ π π‘ βββββ Eth TA β To back test my BTC thesis Important: Daily chart β’ A harsh collapse following with a consolidation β’ white β risin wedge (bearish pattern) & we already have 3 waves completed (white arrows) Caveat: we always look at the chart from right to left & no movement is enough as a confirmation on its own β’ so mix it with sth like PA (price action) = max target of the consolidation β Red β’ 3 white arrows = bearish divergence β’ left orange arrow = resistance & right = retest + collapse which confirmed the second wave to the downside β’ yellow β a bearish wedge on its own on the 4hrs RSI + updatin a trendline Green β first uptrend that got broken Blue β second uptrend that got broken β’ we canβt update it more, cause we will end up with a horizontal line My take which is = BTC TA β’ collapse is inevitable & we already have all the confirmations: β’ rising wedge β’ RSI breakout β’ 3 correction waves β’ trendline breakout (on the chart I didnβt put it again) + confirmation on many indicators that I called on the BTC TA Purple β the Only outcome (sooner or later) but I wish for sooner β’ the longer the consolidation = the harsher the drop + the longer the bear market Stay blessed β’β’β’ Joop