Anoher Potential Scenario
As Bitcoin has been rejected from ATH, and exposed to a harsh sell off while dragging the the altcoins downward as well.
Although the 850usd of 2. price target is on the way on the longer time frame , a mid target might form while whole crypto market waits at BTC ATH treshold.
A potential scenario might reveal itself in the coming days
That a reverse flat bottom triangle might also point to a 756 usd target which also coincide with my previous target of 771 usd.
Remember that these targets are all mid way targets.
For now, for ETH for the seeable future, the pattern points to 1.450-1470 Levels
Although the 850usd of 2. price target is on the way on the longer time frame , a mid target might form while whole crypto market waits at BTC ATH treshold.
A potential scenario might reveal itself in the coming days
That a reverse flat bottom triangle might also point to a 756 usd target which also coincide with my previous target of 771 usd.
Remember that these targets are all mid way targets.
For now, for ETH for the seeable future, the pattern points to 1.450-1470 Levels
Related publications
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.