Another update just because ETH has the prettiest pattern right now. As mention before I would like the 4th wave to retrace around the 138-135 ranges, but since we have this nice channel going, we could retrace the 150 ranges and the 55 EMA would act as strong support.
If you're in a short those price ranges would be an ideal profit taking targets.
If you're in a short those price ranges would be an ideal profit taking targets.
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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.