Hi All,
Keeping it short and to the point.
> Most ALTS show signs of descent today or tomorrow including BTC (in this post)
> ETH made good ground like most ALTs however its completed the ARC pattern and hit is target for this round.
> Now pulling back for consolidation for a good bounce on the arc trendline or potentially the horizontal level.
This support area has confluence with the 50 EMA and the ichomoku on the 4 HRLY chart.
> It is unlikely to make new ground for that last spike.
BTC (5 min. chart) perspective
Please don't forget to give me a tick\like, as I would appreciate it.
Regards,
S.Sari /CryptoProspa
Keeping it short and to the point.
> Most ALTS show signs of descent today or tomorrow including BTC (in this post)
> ETH made good ground like most ALTs however its completed the ARC pattern and hit is target for this round.
> Now pulling back for consolidation for a good bounce on the arc trendline or potentially the horizontal level.
This support area has confluence with the 50 EMA and the ichomoku on the 4 HRLY chart.
> It is unlikely to make new ground for that last spike.
BTC (5 min. chart) perspective
Please don't forget to give me a tick\like, as I would appreciate it.
Regards,
S.Sari /CryptoProspa
Note
Note: If you count the wick on the bottom, then I have it hitting $180Trade closed: target reached
It did bounce off the support line.
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Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
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Discord: discord.com/invite/vb4hbP88vb (TradeToProspa)
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
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.