hey ho boys
new technical analysis ting
ETH recently found big support at around the 170 level and followed through with some good volume
however, I don't believe the volume was enough and we are in an another bull trap.
RSI is climbing on the 4hour whilst price is rising
this pattern looks very similar to the previous fractal (as shown on the chart)
volume dropping off and bears are ready to take over ;)
I entered a short at 224 with a tight stop at 235
Profit target: 185
Free Bobby Schmurda, Rip x ;(
talk shit about my mum u get slapped
big respect x
peace
new technical analysis ting
ETH recently found big support at around the 170 level and followed through with some good volume
however, I don't believe the volume was enough and we are in an another bull trap.
RSI is climbing on the 4hour whilst price is rising
this pattern looks very similar to the previous fractal (as shown on the chart)
volume dropping off and bears are ready to take over ;)
I entered a short at 224 with a tight stop at 235
Profit target: 185
Free Bobby Schmurda, Rip x ;(
talk shit about my mum u get slapped
big respect x
peace
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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.