Bat to the trendWas hoping this was a 5impuls eliot wave to 2.2k and up, but as soon as we made a new ATH, the retest didnt hold, resistance didnt became support. We didnt even make it to 2k where i was going to start taking profit.
Lucky i had a trailing stop just under the old ath. Was going to wait and see if 1500 is going to hold and start buying back, but im afraid we are going back all the way to the longterm trend line, so im out. Waiting with a big bag of ether to buy @ the trendline unless the graph tellls us otherwise.
Possible hanging bat. Bulls exhausted. Not looking good short term.
