Analysis
D: we are making a big triangle pattern. Momentum is fading. Big green candle rejected from the upside.
2h: volatility is fading. More red vol candle than green vol candle. There is many wicks downside
30mn: under the EMA 100, it's temporary bearish momentum.
Daytrade ?
No volatility. Possible profit before touching big support/resistance 1-1.5%
risk/reward is too low. No daytrade
Trading plan: wait for a small flag near a trendwall. Wait for a breakout above or under this big triangle pattern.
Bear is favor for now
D: we are making a big triangle pattern. Momentum is fading. Big green candle rejected from the upside.
2h: volatility is fading. More red vol candle than green vol candle. There is many wicks downside
30mn: under the EMA 100, it's temporary bearish momentum.
Daytrade ?
No volatility. Possible profit before touching big support/resistance 1-1.5%
risk/reward is too low. No daytrade
Trading plan: wait for a small flag near a trendwall. Wait for a breakout above or under this big triangle pattern.
Bear is favor for now
Note
2 touchs on the upside, 2 touchs on the downside, the triangle is clean, it's pushing up toward the upside, very low volatility, decreasing. A breakout to the upside seems in process. I'm preparing my long Note
Closer: may be a bullflag is forming. Note
It's not a bullflag, it's noise Note
Indeed, it's a bullflag lol The shape is unsualNote
And the answer lol Note
Same pattern in process ?Note
Note
Clean chart Note
rounded bottom ! Push up againNote
I bought at the rounded bottom, it's a reliable pattern. Then, spike ! Now, I'm searching what it the breakout trendline, to add more Note
I took profit . And wow ETH !! Note
This is a possible path. a possible big dump attemps that will scare people. And... breakout up. it shake today ! week end trading with low volume ! Note
Wrong path ! I've found that many time a dump was in process. And a big green candle appear suddenly. Note
No direction ! still waiting a breakout, up or down. Entering is position now, it's just having a 2% better position. Target: 14k may be. +20%. I don't bet. I want something reliable Trade active
Breakout :) 
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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.