Dear Traders,
Here I display a verified count using fibonacci ratio's and projections on ETH.
As we can observe, it is likely that ETH is going to follow BTC pattern. Which is forming an running/expanding flat.
this is one of the most sophisticated bull traps in trading. the RSI doesn't look powerfull and the volume indicator doesn't suggest a wave 5 is incoming.
This means that we probably moving in a corretive wave since previous top.
My idea is to short, around the 100% levels, with a hard stop to the 130% level of the wave A!
Wish you all the best of trading.
Best regards
AppY-Crypto
Here I display a verified count using fibonacci ratio's and projections on ETH.
As we can observe, it is likely that ETH is going to follow BTC pattern. Which is forming an running/expanding flat.
this is one of the most sophisticated bull traps in trading. the RSI doesn't look powerfull and the volume indicator doesn't suggest a wave 5 is incoming.
This means that we probably moving in a corretive wave since previous top.
My idea is to short, around the 100% levels, with a hard stop to the 130% level of the wave A!
Wish you all the best of trading.
Best regards
AppY-Crypto
Nederlandse trading en investerings community voor en door traders;
Leren - nieuws - Technische analyses
deretailtraders.nl
Leren - nieuws - Technische analyses
deretailtraders.nl
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Nederlandse trading en investerings community voor en door traders;
Leren - nieuws - Technische analyses
deretailtraders.nl
Leren - nieuws - Technische analyses
deretailtraders.nl
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.