Looks like a good opportunity to enter short on Etherium, possibly a harmonic bearish gartley patter has formed. If the latter is the case we can expect a nice move towards 559 and consequently to 401 area. On the way down some sort of consolidation can be expected at the price level of point C ( 659 price level). I am entering short with stops above X point and T\P as shown on the chart.
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.