Ethereum / TetherUSShort
Crypto Redistribution Phase B
It seems likely that we are in Redistribution Phase B, with a TEST stage likely hitting the imbalance at 3456 area to take out late Shorts.
Don't be surprised to see Crypto going sideways up for 1-2 weeks.
Target 1 - 2970 (69k/70k ATH Retest for BTC)
Target 2 - 1679 (33k for BTC)
Target 3 - 375 (7.5k for BTC)
Don't be surprised to see Crypto going sideways up for 1-2 weeks.
Target 1 - 2970 (69k/70k ATH Retest for BTC)
Target 2 - 1679 (33k for BTC)
Target 3 - 375 (7.5k for BTC)
Note
Still Redistribution here. But it was pretty obvious at the "Test of Supply" of ST, that ETH was going up further. It was too easy so shorts were closed. Time to look at BTC and alts as ETH is a bit harder right now.
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