WE WERE TRICKED....... which means, lets go ULTRA LONG!
Based on the previous trade, it seems that the overall direction was UP, rather than down.
we see alot of higher highs and higher lows and this is usually the most idiot proof way of knowing whether something is going to go up or down.
on ETH, the cup and handle pattern is more obvious and we definitely expect a breakout ( even if its a failed breakout, it will still breakout and then fall back into the " handle" .
We are looking to go LONG, since all our SHORT dreams were dashed :(
we see alot of higher highs and higher lows and this is usually the most idiot proof way of knowing whether something is going to go up or down.
on ETH, the cup and handle pattern is more obvious and we definitely expect a breakout ( even if its a failed breakout, it will still breakout and then fall back into the " handle" .
We are looking to go LONG, since all our SHORT dreams were dashed :(
Comment:
pattern is invalidated.