ETH dump today and will come back to take the shortside liquidity. The target is $4631 a monthly level , huge resistance zone. The entry is between fibonacci levels and vwap anchored.
Entry: $3668,54 Stop Loss: $3573 Take Profit: $4631
Trade active
If can't close above $3800 it might go back to test the lows again.
Note
If it can get to $3770, would be forming an inverted head and shoulders in the 15m timeframe if you exclude the wick, the target for that is $3900.
Note
$3650 is key to continue up, if starts closing 15m candles below that it could go lower
Trade closed: stop reached
too much volatility , i still think that in the next weeks is going to reach the $4631.
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.