ETHUSD Weekly ABCD Pattern Analysis
TP- 218.81
SL- 83.00
Note:
Technically speaking, in monthy, contra fibonacci does not confirm the monthly C therefore in terms of monthly perspective this is 50% trade. Also keep an eye in BTC because in BTC's monthly fibo analysis monthly C is confirmed meanint with 80% BTC will test higher levels ( see my BTCUSD monthly chart) so ETH is likely to follow BTC.
SL- 83.00
Note:
Technically speaking, in monthy, contra fibonacci does not confirm the monthly C therefore in terms of monthly perspective this is 50% trade. Also keep an eye in BTC because in BTC's monthly fibo analysis monthly C is confirmed meanint with 80% BTC will test higher levels ( see my BTCUSD monthly chart) so ETH is likely to follow BTC.
Trade closed: target reached
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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.