Throwing my idea out there. All cryptos are going throught consolidation time after a good bull run. We take a step back and wait for the consolidation to be over. I suspect it will take the form of a cup and handle as it is crypto favorite formation.
We can take a small position at the bottom of the handle and the next at the breakout.
Its a rare sight of the legendary bat formation. It has been asleep for too long. The second wing has almost fully formed and the bat is almost ready for take off!!!
Do not miss this legendary sighting of the rare crypto-bat in its natural habitat.
Price have corrected and are now consolidating hard. Since March ETH has been pretty bullish and broke out of a lot of resistance zone. We can expect a bullish cryptomarket for 2021. A rise to 500 is a very possible scenario in the short term and even more in the long term.
Posting my idea because why not.
Blue line is the entry point after the 360 breakout. We are experiencing an expected pull back testing back the blue line. We have red line has a stop loss. Expected to see a bounce back and an other break at 380 wich will give us an occasion for an other entry point.
Stop loss will be adjusted based on the direction and...
