Bearish shark pointing towards a target of 319 in the short term
Looking for a move back up to 1.9080-1.9200
Bullish Crab, Looking to take first profits on this trade around 0.93000
We have a Bullish bat pattern completed around the 8000 level. With the downward momentum we are seeing it is likely to reach that 8000 level before making any other moves higher
LGCY has shown us that it can move several hundred percent in a day, combine that with the 1.618 extension, RSI, and an increase in volume, we can bet on this thing to pop once more in the near future
ETHUSD had an all time bullish bat pattern at the 100 level, easy 200% return so far!
This trade is based off of the thesis that once the B point of a harmonic pattern is broken, it is likely to reach the D point, and so I traded in the direction of trend while targeting the completion point of the pattern.
ETHUSD has now completed the all time bullish bat at 167.50, this is most likely the bottom!