CryptocurrencyBlot

(ETH) ETHEREUM "Two Options" -- The Red Door

BITSTAMP:ETHUSD   Ethereum
ttwo options as proposed in my graph based on the movement of Ethereum. It appears Ethereum has chosen to go through the red door this time around. Or, if it was because of Bitcoin so be it. When people refer to the news and justify financial actions based on those news events I tend to see those associations as flaky at best. The price of crypto was stated based on a large indicator of the TOTAL crypto chart to have a short. When the price fell and at the same time some news was happening, as if news isn't always happening, people have the tendency to associate big news events with the story of cryptocurrency, or whatever. This time around it was some other war. Personally, in my take, Iran was using their drones to prevent further missile attacks by Israel on Palestine. By forcing Israel to defend themselves against the drone attack this wastes many of their missiles in their artillery preventing those missiles used to defend themselves to be used as attack missiles.
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