A potential butterfly pattern on Ethereum
https://www.tradingview.com/x/UzZ7C8AB/
Ethereum has been the hot spot in the market, and the moves are rather anti-intuitive and hard to capture. But regardless what, here is my view on ETH.
A potential butterfly pattern is forming and we might see a fake out towards upside and target to 170-180 on Bitfinex, and a fall down afterwards. Time-wisely, I would expect a drop a few days before the hardfork as well.
Ethereum has been the hot spot in the market, and the moves are rather anti-intuitive and hard to capture. But regardless what, here is my view on ETH.
A potential butterfly pattern is forming and we might see a fake out towards upside and target to 170-180 on Bitfinex, and a fall down afterwards. Time-wisely, I would expect a drop a few days before the hardfork as well.
Forex & Crypto day trader
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.