ETH/USDT Consolidation after Breaking ATH
So far ETH is following the exact same pattern BTC has followed after Breaking its ATH (All Time High), If the price action continues to follow BTC path, we have a decent chance of pushing to 2K after Breaking out of the TR (Trading Range).
More often than not, the SPRING shows a Bear Trap, which pushes the price up when they run for cover.
Here is a clear snapshot of the idea:
Also Watch for RSI Breakout of its Downtrend as an indication before the actual price action Breakout.
Cheers :D
More often than not, the SPRING shows a Bear Trap, which pushes the price up when they run for cover.
Here is a clear snapshot of the idea:
Also Watch for RSI Breakout of its Downtrend as an indication before the actual price action Breakout.
Cheers :D
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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.
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.