What you see here is a gartley harmonic and a ABCD pattern.
I expect ETH to decline back below 3k to test those levels again.
Confluence:
- .786 ( X - A )
- 1.272 ( B- C )
- Big support block flip into resistance
Entry on confluence: ~ $3560
Stoploss validation above confluence ~ $ 3650.
Target:
$ 3K minimum.
ETHUSD
I expect ETH to decline back below 3k to test those levels again.
Confluence:
- .786 ( X - A )
- 1.272 ( B- C )
- Big support block flip into resistance
Entry on confluence: ~ $3560
Stoploss validation above confluence ~ $ 3650.
Target:
$ 3K minimum.
ETHUSDTrade closed: target reached
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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.
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.