with S&P nose diving I will er on the downside
look back to Aug 2nd similar pattern which ended in an uptrend
look back to Aug 2018 and you will see that ended with ETH at $80
probable sell off over the weekend but Monday we will know
I couldn't help but notice a nice potential 1/2 on the higher time frame. This makes all the sense in the world if we are heading into the next bull market for crypto, which i do believe we are.
Currently it looks like we are working on wave 1 of the 3rd so i would be expecting a pullback any time now to between the .50 and .618 fib of the wave 1 of 3.
Every major trend is going to have one thing in common
A series of higher high and higher lows, or a series of lower highs and lower lows.
Once you understand how to identify these trend patterns and the overall direction of a market, you can catch a move and stay in for a much larger trending move
You can apply this type of setup to intraday and end of day...