JesseGusta

Brief look at eth over the short term (briefly up then down)

BINANCE:ETHUSDT.P   Ethereum / TetherUS PERPETUAL CONTRACT
Quick look at Eth on the hourly timeframe shows a fractal repeating that previously ended by jumping up before correcting to a previously indicated price point. Personally I will be trying to get out of my longs and setup shorts in anticipation of what the chart shows. The pattern shown here is similar to the pattern I drew in September that indicated the Oct correction which started the current bull run. The reason this is worth noting is because last time I drew this pattern, the price dropped to my lowest price points, which personally I did not expect to be reached.
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.