ETH is doing more complex corrrective pattern.
Its consolidating right now after making impulsive move up so would be expecting another leg to retest the previous highs atleast.
Its consolidating right now after making impulsive move up so would be expecting another leg to retest the previous highs atleast.
Note
Looking very good. The corrective pattern is expanded flat. Expecting upside on eth as well.
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Indecision here as well, it will follow BTC. Breakdown from here we can expect 190$-200$ range.
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This looking like a corrective pattern so might breakdown to give another small leg down but watch for breakout from this structure long trade setup with much better risk to reward ratio on small tf4hr -
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ETH has actually started breaking down. Still waiting on this consolidation to resolve most likely we break down to test the lows but it can also break up although less likely 
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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.