- I apologize for the chart formatting, TradingView needs to add a preview button and allow chart manipulation during a preview stage. I'm using multiple monitors and the charts looks great until it gets published...
I feel like any bearish sentiment will be wildly unpopular, however the technicals indicate that ETH may be on the brink of slipping into a bearish formation with the potential for a big slide.
That said, there is also the possibility of consolidation and continuation to higher highs, with some pretty bullish short term targets.
Here are my targets and some narrative into how I'm using the QuantRsi and Heffae Cloud indicators to establish these levels.
Refer to the chart and related ideas for reference! Happy trading!
Seeing a lot of EW pros calling for an ETH spill as well. GL
SNOW_CITY
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@jthrasher, I think it will spill hard after the fork. When ETH runs, it has no brakes. Targets of $171, 174 and potentially up[ to $197 are still active. I will ABSOLUTELY be looking for a short entry at every key level. I close the short mentioned in chart from $157-154, took the extra equity into a LTC position :D