$ETH - expansion to be done soon? $3400?
This was beautiful expansion from the bullish pennant and the previous quarter
Somehow no 1D bear divs yet which is surpising to me
The 2.0 of the previous quarter is at 3381 on the binance perp chart and will be hit soon
I think this is likely to cap the market and maybe push it back down range bound
Ideas for the range low are highlighted across some of the wick highs
There is also major 1W bear divs brewing which was what killed BTC at 58K the first time it got there so be careful with that come Thursday/Friday, evaluate how it looks, but it may not be till next week it looks to confirm
This is 9 up candles in a row, which does call that a big flush is pending
Just remember to take profits boys!
Somehow no 1D bear divs yet which is surpising to me
The 2.0 of the previous quarter is at 3381 on the binance perp chart and will be hit soon
I think this is likely to cap the market and maybe push it back down range bound
Ideas for the range low are highlighted across some of the wick highs
There is also major 1W bear divs brewing which was what killed BTC at 58K the first time it got there so be careful with that come Thursday/Friday, evaluate how it looks, but it may not be till next week it looks to confirm
This is 9 up candles in a row, which does call that a big flush is pending
Just remember to take profits boys!
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.
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.