Last chance for ETH/BTC
NOT a financial advice.
Repeating the previous fractal.
Long entry around .786 retracement, between yellow lines.
Also around -42% correction from last top, very similar to the previous correction (blue boxes)
Stop loss is pretty wide because this is positional trade, note stop loss should be well below weekly cloud lowest point to anticipate wicks.
If this trade is stopped out, I will not worry about the loss. I will worry about the future of ETH.
ETHBTC
ETHBTC
ETHBTC
Repeating the previous fractal.
Long entry around .786 retracement, between yellow lines.
Also around -42% correction from last top, very similar to the previous correction (blue boxes)
Stop loss is pretty wide because this is positional trade, note stop loss should be well below weekly cloud lowest point to anticipate wicks.
If this trade is stopped out, I will not worry about the loss. I will worry about the future of ETH.
ETHBTCETHBTCETHBTC
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.