The fractal includes a double bottom, a pump, and then a big dump. You'll notice that 2 fractals will be on the "6" at the same time, so the support could actually break, and another dump could occur.
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Don't mind the double blue "4", there should be only one :-)
Agree with you 100%. This is what I have in my TA, but I see a lot of buyers in the order book and this makes me get really angry.
Hope they cancel their orders when it goes down so that it can drop to lower levels.
@lucianob66, :-D
I was expecting a clearer double top but ETH has ranged instead... maybe there's some manipulation behind as everyone is expecting the bull run!
But still, the actual trend is following the fractal and the next stop would be around 370€ and the following around 320€
lucianob66
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@karamazov06, 370€ at this point seems easily in range, and 320 not so far now... but don't you believe there will be a reversal trend before getting to 320€?
Hope they cancel their orders when it goes down so that it can drop to lower levels.
Have a good day! :)