A fractal for ETH, alligator can be seen to be opening in the bullish direction, whether this is a bull trap on the weekly chart is another question, however the bull case is supported by a classic rsi divergence and an approaching golden cross. Retracement from 2017 top.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.