ETH BTC Price Action Fractal Short Setup
There is a strikingly similar price pattern behavior developing in (eth) that I have seen recently in (btc).
I am watching for price to consolidate near 0.0293 and begin making the next and final leg higher which should end at or near 0.0371 creating a double top at it's previous high.
I have provided 3 charts in the comments section below to help illustrate my thinking and give you a more clear picture of the direction I believe the market is headed.
Good Luck
I am watching for price to consolidate near 0.0293 and begin making the next and final leg higher which should end at or near 0.0371 creating a double top at it's previous high.
I have provided 3 charts in the comments section below to help illustrate my thinking and give you a more clear picture of the direction I believe the market is headed.
Good Luck
Nota
This first chart shows btc in the blue “bars patterns” next to the eth price action.Nota
This second chart shows eth in the blue “bars pattern” next to btc price action.Nota
This third chart gives you a longer view of my thinking.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.