Possibilities/4
NOT Financial advice!
. Be patient and decide your trade setup once resistance is claimed as support or support breaks from significant levels.
. Be cautious with possible traps/fake-outs, look for candle close in important areas on higher timeframes.
- If you look at the previous periods/patterns that I have marked in the chart, every time this pattern has come up, it has done the same(down to neckline/support -> small retest that fails -> breakdown; If same pattern would repeat then in the case for ethereum we will atleast see 1480-1500 -> retest the 1500-isch area -> breakdown to 1280-1300(where the CME gap is for eth) -> retest 1400-isch area -> .... | One exception would be that I have seen whereby it comes down to the neckline/support -> breakdown and then a retest of the top area wich was around the same area before it came down to the neckline/support
Goodluck!!
. Be patient and decide your trade setup once resistance is claimed as support or support breaks from significant levels.
. Be cautious with possible traps/fake-outs, look for candle close in important areas on higher timeframes.
- If you look at the previous periods/patterns that I have marked in the chart, every time this pattern has come up, it has done the same(down to neckline/support -> small retest that fails -> breakdown; If same pattern would repeat then in the case for ethereum we will atleast see 1480-1500 -> retest the 1500-isch area -> breakdown to 1280-1300(where the CME gap is for eth) -> retest 1400-isch area -> .... | One exception would be that I have seen whereby it comes down to the neckline/support -> breakdown and then a retest of the top area wich was around the same area before it came down to the neckline/support
Goodluck!!
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.