EthereumLong
ABC or 4th wave going for 5th?
Perfect mix signal for traders.
Bear case
- ABC done
- Bear flag with a perfect retest
- Impulse wave 1 downwards
Bull case
- Cloud bounce (first time in a very long time on 4hr with a cloud support)
- 4th wave done now going for a 5th wave
Tho it looks more bearish as compared to bullish from a TA perspective.
It seems like a perfect liquidity pool to trap bears.
Let's see how this plays out. Break and close above 220 resistance line would cause me to go bullish.
Bear case
- ABC done
- Bear flag with a perfect retest
- Impulse wave 1 downwards
Bull case
- Cloud bounce (first time in a very long time on 4hr with a cloud support)
- 4th wave done now going for a 5th wave
Tho it looks more bearish as compared to bullish from a TA perspective.
It seems like a perfect liquidity pool to trap bears.
Let's see how this plays out. Break and close above 220 resistance line would cause me to go bullish.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.