My previous idea was an extrapolation of the downtrend. It didn't go so down as expected, so... it's reversal ! Very good news.
We had a breakout of the 2 downtrend lines.
Now we are in wyckoff re accumulation.
Resistance: 480$, Support: 466$
It will take time, there is a hudge resistance above . I expect a breakout. It can come suddenly
Then a correction that will make the handle. and... GO ! Bears will turn into bulls. It will go up faster !
I'm often bearish. But now... It's bullish days :)
We had a breakout of the 2 downtrend lines.
Now we are in wyckoff re accumulation.
Resistance: 480$, Support: 466$
It will take time, there is a hudge resistance above . I expect a breakout. It can come suddenly
Then a correction that will make the handle. and... GO ! Bears will turn into bulls. It will go up faster !
I'm often bearish. But now... It's bullish days :)
Note
Nice pump. But.... 5%. BTC did 10%. There is something wrong. So.... I'll switch to BTC probablyNote
ETH is too weak now. I switch to BTC !Disclaimer
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Disclaimer
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.