The cryptos had a nice rally recently, most of which formed daily double bottoms like this ETHUSD.
Accordingly, it pretty much decreases the bearish mindset a lot, and there will be some following buy-low strategies .
This 4hr 2618 and demand zone combination long will be effective only if the red bearish gartley successfully makes the pullback from here.
While, as it's not really a good X point and the uptrend just start to run, so no intention to short this gartley though.
Let's see how it goes!
Accordingly, it pretty much decreases the bearish mindset a lot, and there will be some following buy-low strategies .
This 4hr 2618 and demand zone combination long will be effective only if the red bearish gartley successfully makes the pullback from here.
While, as it's not really a good X point and the uptrend just start to run, so no intention to short this gartley though.
Let's see how it goes!
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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.
Related publications
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.