ETH (Y20.P1.E12).Macro.Summary
Updated
Hi All,
Keeping it short and to the point.
> Most ALTS show signs of descent today or tomorrow including BTC (in this post)
> ETH made good ground like most ALTs however its completed the ARC pattern and hit is target for this round.
> Now pulling back for consolidation for a good bounce on the arc trendline or potentially the horizontal level.
This support area has confluence with the 50 EMA and the ichomoku on the 4 HRLY chart.
> It is unlikely to make new ground for that last spike.
BTC (5 min. chart) perspective
Please don't forget to give me a tick\like, as I would appreciate it.
Regards,
S.Sari /CryptoProspa
Keeping it short and to the point.
> Most ALTS show signs of descent today or tomorrow including BTC (in this post)
> ETH made good ground like most ALTs however its completed the ARC pattern and hit is target for this round.
> Now pulling back for consolidation for a good bounce on the arc trendline or potentially the horizontal level.
This support area has confluence with the 50 EMA and the ichomoku on the 4 HRLY chart.
> It is unlikely to make new ground for that last spike.
BTC (5 min. chart) perspective
Please don't forget to give me a tick\like, as I would appreciate it.
Regards,
S.Sari /CryptoProspa
Note
Note: If you count the wick on the bottom, then I have it hitting $180Trade closed: target reached
It did bounce off the support line.
Discord: discord.com/invite/vb4hbP88vb (TradeToProspa)
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
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