We've been looking at Ethereum for a couple of weeks and waiting for confirmations for shorts. In our last post we were looking for a compact pennant formation but it appears it could be a expanding flat ABC pattern.
On lower timeframe we have a nice trendline we can monitor for a break.
8H timeframe
Trade Idea:
- Watch for the trendline to break
- Enter with stops above the price rejection
- Targets: 2200, 1800
Goodluck!
On lower timeframe we have a nice trendline we can monitor for a break.
8H timeframe
Trade Idea:
- Watch for the trendline to break
- Enter with stops above the price rejection
- Targets: 2200, 1800
Goodluck!
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Free Telegram: t.me/Wicktator
Forex VIP: t.me/WicktatatorVIP_bot
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.
Want more chart ups like this? Click the links below:
Free Telegram: t.me/Wicktator
Forex VIP: t.me/WicktatatorVIP_bot
Free Telegram: t.me/Wicktator
Forex VIP: t.me/WicktatatorVIP_bot
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.