Hello traders as y’all know ETH has had a explosive move to the upside without much resistance… that being said it needs to pull back in order for it to continue higher, I believe ETH will fall to the $1420 range and at that point the market will have to make a decision to either continue the rally or fall back into bearish continuation. If broken I believe we fall back to the $1325 range.
We had multiple divergence arise prior to this move down.
TSV and MFI were both flashing divergences
Pattern: Bear flag
As always
Thanks
God bless
We had multiple divergence arise prior to this move down.
TSV and MFI were both flashing divergences
Pattern: Bear flag
As always
Thanks
God bless
Comment:
Be very careful here
Trade closed: target reached:
well not exactly how I planned