A fractal I noticed. Market works in cycle and we might be at the end of one, but also the beginning of a new one (rsi). All in chart
this going to be nasty Rejection and ultra rekt, break up and ultra moon
A very similar fractal at the same price, if this is distribution the last LL below $900 will get wyped out strong. Also ETHBTC is already bleeding
Noticed this pattern, I just want to see where it get us Here is the ETHBTC pattern s3.tradingview.com
The fractal is cute, even if it's not totally accurate, but worth an idea, GL
Maybe I'm wrong, maybe we go 2k and doom, maybe we do it now. But this pattern / fractal is all I see on the charts
All in short. All the FUD during the last weeks is about to be priced in. So much fun is coming after $SI liquidation, now we have Silicon Valley Bank fud. Let the greedy bulls era end and spread to Europe. PS : Sorry I'm being emotional (but this is drawing a nice rounded top)
Just curious about this finding. Yet we are not in the same sentiment, as the setup I took is feeded by ATH narrative and lot of retail buys. Also weekly is almost confirming the setup, I'm just missing a HH on RSI (meanning RSI is currently showing a divergence, yet we are only tuesday)
Just enjoy that TA made out of thin air just thanks to few years trading this degen market S/o the private chat
One should dream when he see things. Believe my friend !
I wonder if this pattern is going to close like a iH&S, cause if it's go for it, $700 eth are in cards, and btc around 12k-15k (maybe 16k) is not even a joke. Enjoy the Play button
2 Levels we have to retest (imo). Likely to see $1700 even $2k if the opium is good (would fit a rsi narrative with divergence). Then, if we don't hold these levels, expect some panic.
Just a little analysis on RSI. Nothing crazy, I don't trust much the RSI, but it seems it's drawing a descending resistance, so I wanted to record it, good luck
Same as btc (0.5 / .786) Check First idea about meth breakout in 2017
Usually on Eth we correct to .5 / .786 on etension (1 is also good support) Want to watch, maybe I'm a master to call tops, maybe not, just another one
Old finding, but press play to see