ETH ABC Correction
Looking like ETHUSD has topped right where estimated from attached idea posted at the beginning of last year.
It is now looking like we are in the midst of a correction / consolidation. We haven't had any major correction yet in this bullrun, so if it continues to go down, I'd expect it to go pretty deep.
If we can hold above 2260, there is potential for continuation. Otherwise, I'm looking to re-enter between 1020–1410 depending on price action.
This is not trade advice, merely for educational purposes.
It is now looking like we are in the midst of a correction / consolidation. We haven't had any major correction yet in this bullrun, so if it continues to go down, I'd expect it to go pretty deep.
If we can hold above 2260, there is potential for continuation. Otherwise, I'm looking to re-enter between 1020–1410 depending on price action.
This is not trade advice, merely for educational purposes.
Related publications
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.