Hello.
I see an M Pattern for ETH but i explain why.
1- The yellow/orange Trend is break, is a bearish signal.
2- I see a continuation to the last support of February.
3- If support of February is break, M pattern is active and the target os the low of December.
4- Possible retest of the uptrend (yellow/orange)
5- BTC is the leader, so keep an eye on him. Market maker like to rekt everybody, an fuck pump from here is possible. Keep eyes on the uptrend (yellow orange)
I see an M Pattern for ETH but i explain why.
1- The yellow/orange Trend is break, is a bearish signal.
2- I see a continuation to the last support of February.
3- If support of February is break, M pattern is active and the target os the low of December.
4- Possible retest of the uptrend (yellow/orange)
5- BTC is the leader, so keep an eye on him. Market maker like to rekt everybody, an fuck pump from here is possible. Keep eyes on the uptrend (yellow orange)
Note
If the up trend is Re-entered , forget this analysis.Note
TP 1Note
My target not change
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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.