ETH closed under the .618 on the daily. The structure is very typical with a lower high coming in at .9 of the last high.
3.2k is the first target
while 2.6k-2.5k are the ones for a bull gartley formation, which also coincides with the .618 on the weekly chart.
3.2k is the first target
while 2.6k-2.5k are the ones for a bull gartley formation, which also coincides with the .618 on the weekly chart.
Note
full close coming up as btc to very close to targetNote
Im sure everyone's looking at it but ETH double top if it stops here at the previous monthly vwap Note
Was on vacation and couldn't log in to TV but target was reached on Aug 5. Trade is done.Trade closed: target reached
Eth target reached
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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.