deadsquare214

ETH Double Top

Short
BITFINEX:ETHUSD   Ethereum
This is the continuation of a previous idea that I posted on ETH with a textbook hanging man. However, that idea would have only netted a rough 4% as it was followed by a 3 Crows and 3 Knights pattern. So I think the hanging man has been played this time. But, there may be a double top at play. Obviously we need to wait and see if this double top develops before taking a trade, since it could fail on way down to form some kind of bullish triangle, but I am leaning towards double top. Plus, maybe it just soars through this ATH and goes to the moon!


Lmk your thoughts!


Not advice. Not a recommendation. Just my opinions. Thanks for reading!

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