ETHUSD - 30% Cyclical Short Trade? Final Swan Dive?
Updated
Here's an interesting setup... the sell-off is basically looking to go parabolic on the daily chart next as bears finally exhaust the bulls. This will likely be the final swan dive for ETH as the big caps in crypto look to begin building a floor during 2019.
Liquidity and market volatility will likely make trading this par to the downside a bit more unforgiving.
***This is not investment advice and is simply an educational analysis of the market and/or pair. By reading this post you acknowledge that you will use the information here at YOUR OWN RISK
Liquidity and market volatility will likely make trading this par to the downside a bit more unforgiving.
***This is not investment advice and is simply an educational analysis of the market and/or pair. By reading this post you acknowledge that you will use the information here at YOUR OWN RISK
Note
Watch for the breakdownNote
Still consolidatingNote
Make it or break it moment!Order cancelled
Squeezed higher! Idea invalidated...
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