ETH/USDT
Updated
Simple analysis, chart should speak for itself.
Feel free to give feedback!
Feel free to give feedback!
Note
Had to correct the direction of the lower trend line, Short entry is not triggered yet!Order cancelled
had to correct the trendlines of the pattern so much that this one is not valid one bit anymore.Note
Long entry triggered at some point where I was not into the market for a few days, so unfortunately I have no position in ETH at this moment. I'm now waiting for sings of a retracement at this resistance and I will try to get a nice entry after that. Probably I'm off best just DCA'ing into ETH since I have missed my initial long trigger and I am not sure at all how far this one can retrace now. My ideal case scenario would be a retracement to the extension of the lower trendline, after the apex.
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