ETH will likely correct here. Bearish divergence on the daily, over-bought on the weekly. BTC/ETH ratio also looking to re-test support.
If it goes up, I will buy on the re-test of the 230 area.
After the correction, the strong up-trend is likely to continue.
If it goes up, I will buy on the re-test of the 230 area.
After the correction, the strong up-trend is likely to continue.
Note
Another bounce up the pattern but we should correct in the next 1-2 days.Note
This is why I don't short during a trend like this ;)Note
Got filled on the 216 order. Let's see if it bounces here. If it dips further, buying more. If it bounces hard, buying more on the re-test of 230 ;).Note
This is playing out with near perfection.
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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.