Pretty clean bearish harmonic here..
We're in price discovery so hard to want to short it but if we start pulling back
Might simply retest the previous ath breakout and not push as low as the 0.236 but its the last harmonic target

Pretty clean invalidating here on pushing to new highs..

If we're going to get a post etf news
Pre halving sell off
Then the 0.236 could be the God tier entry on a massive down wick sort of thing..
Overall the markets still very bullish eths turn now.. but harmonics can show areas where to apply caution or take some profit incase of pullbacks..

Related Ideas

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.