Last night got a distribution model 1 on ETH confirmed with a BOS on the 15 min. Technical target is the range low, but since we are above a 15 day range this could evolve into a PO3 which would bring ETH to new lows. I would love to see BTC's distibution model and USDT's accumulation model to confirm for more validation. Invalidation for ETH is above the recent high.
Note
There was an internal model 1 which already hit it's target, so it's less likely this trade will play out in that way.
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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.