This could be a major bull trap if get the rejection from upper region that will finally land us to the below targets as marked in the charts. not financial advice, atm i wont be trading the market since there is no clear direction. bull trap invalidated imo if we move towards the 25k ranges which will be a solid bullish momentum, we are still in the middle of a...
Eth is a very established coin, a down move towards 400USD is expected (Golden Opportunity) where u can buy most of your bag for holding. chances of this happening is not so much since most of the bad things has happened already. But u shall prepare for the worst. Anything is possible :)
IT can follow the same oval pattern as above, it can hold the price here and move upwards or can reject from the purple box towards 13000 USD