Based on a chart pattern I came across along with some cycles, volume analysis and fractals, it looks like a high potential play for $240-290 ETH could come this week.
Who knows what the spark will be to drive the selling, but it can't be pretty if this is what results from it.
DISCLAIMER: this is not investment advice and I make no assertions that I know WTF is going on.
Who knows what the spark will be to drive the selling, but it can't be pretty if this is what results from it.
DISCLAIMER: this is not investment advice and I make no assertions that I know WTF is going on.
Trade closed manually
Sideways movement seems to have negated this scenario altogether....at least from this starting point I had initially plotted. It could very well occur any time, so long as $370 isn't broken.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.