MiserableToppings

ETH rallied hard after the long weekend

Singkat
MiserableToppings Telah dikemas kini   
COINBASE:ETHUSD   Ethereum
After consolidating over the long weekend ETH broke out and rallied hard, forming an ascending wedge on the hourly weakening the 0.618 fib to push through.
It's my belief pressure is now exhausting at 78.6% retracement.

Full disclosure, this is more 'looking for a trade' than anything, so I'll be eyeing volume closely.

This position is wagered alongside NASDAQ coming up against resistance at a strong downward trend line.
Refer to EW count in the chart below:
Komen:
As per last time NAS bounced off the trend line, ETH pivoted.
(Times don't exactly match due to weekend trading)
Komen:
One more.
Komen:
Lastly, we have hidden divergence on the RSI.
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.