Known for saying the bottom of the bear market in 2018 and Smart Contracter crypto analyst using the pseudonym Ethereum (ETH) and Binance Coin (BNB) made new predictions about
Saying that Ethereum and BNB are giving bearish signals, the analyst warned investors.
The analyst, who first studied Ethereum, said that he saw a bear flag on the weekly chart of ETH.
“After Ethereum diverged from a larger bear flag last week, its chart immediately reappears with a bear flag.
Certainly this table does not look good. The easy mode of the last few months, the ascension mode, seems to be over for now.”
bearflagging again pretty much straight away after breaking down from a bigger bear flag last week.
definitely not looking good, ez mode from the last few months looks like its over for now.
queue the multi-month chop pic.twitter.com/pl3ur8fJZX
— Bluntz (@SmartContracter) March 6, 2023
Ethereum to Bitcoin (BTC) Commenting on the movement against it, Smart Contracter said, “ETH/BTC momentum is starting to fade.” said.
Secondly, the analyst looking at BNB, BNB He argued that the graph looks as bad as ETH.
Noting that BNB could form a shoulder-to-shoulder pattern with a weekly bearish trend, the analyst said:
“BNB looks absolutely terrible on the weekly USD pair and the BTC pair.
The US is heavily targeting Binance and this is reflected in BNB’s chart as well.”
bnb weekly looks absolutely horrid on usd pair and btc pair.
The US are targeting binance big time and it reflects in the chart.#BNB pic.twitter.com/YjAoPZTcG0
— Bluntz (@SmartContracter) March 6, 2023
*Not investment advice.
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