The ETH Conundrum: When Signals Collide

robot
Abstract generation in progress

Looking at this ETH chart has me scratching my head. The author claims it's a SHORT signal, but then rambles on about a "bull flag" and "rising channel"? Make up your damn mind, mate!

I've been trading long enough to know when someone's trying to play both sides. This post screams confusion - first talking about shorting ETH, then immediately describing bullish patterns like it's reading from a textbook.

What I see is much simpler. ETH just blasted through $4,000 - that's the real story here. When I zoom out on my charts, this looks less like a neat "flag" and more like the typical wild crypto volatility we all know and love (or hate, depending on your last trade).

The conflicting signals in this post remind me of my last disastrous trade - trying to short during a clear uptrend because some pattern "looked bearish." Cost me a fortune when ETH kept climbing!

Those precise entry points at 4361.86 with targets at 4298.82 and 4252.71? Pure fantasy. Nobody can time this market that precisely, especially with institutional money flowing in and out at will.

And don't get me started on that disclaimer at the bottom. Telling people to join their "Live" channel for "future signals"? Classic move from someone who's probably getting rekt themselves but wants to pose as an expert.

The comments are telling too - some poor soul claiming they're long with 94x leverage! That's financial suicide waiting to happen.

If you want my honest take: ETH is riding high on momentum right now, and trying to pick tops or bottoms with these little flag patterns is a fool's game. The market makers see these same patterns and love to hunt stop losses placed by technical traders.

Watch what the whales do, not what some random "signal" provider tells you on social media. Your wallet will thank you.

ETH-0.7%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)