EthereumLong
Ethereum: Gearing Up For Its Next Move
Zaktualizowano
Crypto has seen a huge correction from the previous all time high a few months ago.
My current thought process for this trade:
Seems like crypto assets have become tied to the moves of the global markets. An easy indicator is to watch the correlation of the SPY as they seem to be moving in tangent, for now....
My current thought process for this trade:
Seems like crypto assets have become tied to the moves of the global markets. An easy indicator is to watch the correlation of the SPY as they seem to be moving in tangent, for now....
Uwaga
Looking at the symmetrical triangle forming at the apex of the wedge. This could potentially be a really big move up. Currently looking at a short term swing up to $4000. The potential for a long entry to a new ATH can be a possibility here as well.
Uwaga
Testing the downward sloping resistance...Uwaga
Getting a reaction bounce of support lineUwaga
Potentially getting a confirmation of breakout, retesting downward support which was previously resistance.Uwaga
Only trade was a short after the 200MA rejection
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