ETHBEARUSDT
ETHUSDT Bearish 4hrCurrently bearish on ETH on the 4hr chart. The price has broken through the upper Bollinger band the price will not make it past the strong resistance at 3166. We recommend to take the short position from around this resistance. Tp1 is placed at support level
Trade setup:
entry: 3166
tp1: 2650
target: 2450
Not financial advice
Bull Flagging Breaking Ethrection!It looks like a flag! I do not know anything and even if aliens come to earth we are aliens too!!! DUH! @Humans If asteroids are flying by earth and happen to have a trillion ounces of gold on it. Then I would be thinking about nah never mind...... it is. Scarcity is real.
ETHBEAR formed bullish BAT | Upto 71% big move expectedHi guys and gals hope you are well, on daily chart the 3X Short Ethereum Token (ETHBEAR) has formed bullish BAT pattern and entered in potential reversal zone to move up.
Lest’s dig the pattern deeper to see how perfect this pattern is formed:
After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.50 Fibonacci and then B to C leg is projected between 0.382 to 0.886 of A to B Fibonacci projection area and last leg (C to D) is retraced between 0.786 to 0.886 Fibonacci and now the price action is moving in potential reversal zone of this bullish BAT and now we can expect bullish divergence at any time which will lead the priceline between 0.382 to 0.786 Fibonacci projection of A to D leg.
Buying And Sell Targets:
The buying and sell targets according to harmonic BAT pattern should be:
Buy between: $12.81 to $11.61
Sell between: $15.67 to $19.94
Stop Loss:
The potential reversal zone area which is up to to $19.94 can be used as stop loss in case of complete candle stick closes below this level.