I have no idea where ETH USD is going in the Long Term. Personally, I enjoy a micro level, but this is an interesting pattern. Everyone is calling for $100 Retest, and an $80 retest - maybe the market will get it. Maybe it wont.
Possible that the sooner it retests $80, the sooner it can challenge on to $220
Good Luck Traders!
Possible that the sooner it retests $80, the sooner it can challenge on to $220
Good Luck Traders!
Trade active
I think I'm wrong on the pattern. If this is a Bearish Gartley, we have to move up before we can move down.Note
The numbers qualify for a Bearish Gartley. Which would mean, a move up, before a move down. I'm sidelined waiting for the move. If it breaks down, it does. If it breaks up, there is a good target zone. Trade active
We may as well be consistent with the pattern on recent price action as well - which may suggest a view from 95.
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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.