A very similar setup to (see attached: "Lower highs cooked ... 5200 incoming") as ETH will be moving via default with the correction in BTC.
Here we have a 30% correction in play to the downside. After the initial impulsive wave has retraced, it is time to start working the sell side and buckle up for a brutal move coming.
Best of luck all those working the sell side.
Here we have a 30% correction in play to the downside. After the initial impulsive wave has retraced, it is time to start working the sell side and buckle up for a brutal move coming.
Best of luck all those working the sell side.
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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.