louieabbott69

ETH - Reversal or bull trap?

Penjualan
COINBASE:ETHUSD   Ethereum
hey ho boys
new technical analysis ting

ETH recently found big support at around the 170 level and followed through with some good volume
however, I don't believe the volume was enough and we are in an another bull trap.
RSI is climbing on the 4hour whilst price is rising
this pattern looks very similar to the previous fractal (as shown on the chart)
volume dropping off and bears are ready to take over ;)

I entered a short at 224 with a tight stop at 235
Profit target: 185

Free Bobby Schmurda, Rip x ;(
talk shit about my mum u get slapped
big respect x
peace
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