ETH (Y20.P1.E12).Macro.Summary

By ssari
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.

snapshot

BTC (5 min. chart) perspective
snapshot



Please don't forget to give me a tick\like, as I would appreciate it.


Regards,
S.Sari /CryptoProspa
Comment
Note: If you count the wick on the bottom, then I have it hitting $180
Trade closed: target reached
It did bounce off the support line.
ALTBTCChart PatternscryptoETHetherEthereum (Cryptocurrency)ethereumlongHarmonic PatternsTrend Analysis
ssari
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