Im not convinced by the recent moves means that we are pushing higher because of the harmonic pattern it seems to be filling out. Upon completion is a bullish scenario. Im bullish long term on ETH but currently leaning on the idea that we will see more downside before higher highs. I trade the trend. I see bullish scenarios and bearish at the moment.
The weekly and daily TF are overbought and significantly away from the median line which cause a magnet to pull it back in these conditions.
The weekly and daily TF are overbought and significantly away from the median line which cause a magnet to pull it back in these conditions.
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