EthereumUpdated Ethereum pullback, short term consolidation ahead?
A healthy consolidation here would be fantastic. Personally I am inclined to set a stop to protect my recent profit. The risk obviously is a quick FOMO retracement. Trade safely friends.
Note
A constructive pattern from my point of view. I'll look for a re-entry once we cool down a bit more. Note
Last one. So it appears that Bitcoin is holding the door open for Ethereum. If we push through 3500 and hold, and Bitcoin holds off on its next leg up, I'll re-enter. Otherwise, am waiting to see how the Ethereum bulls deal with 3500.
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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.