DecryptoRhino

Correct ETH Meme Reversal

DecryptoRhino Updated   
BITMEX:ETHUSD   None
Last idea was incomplete, also was wrong expecting down/up. Upside until Feb. 15
Comment:
apologize for the previous unclear comment. I was expecting a similar structure to play out from the 7th to 15th of Feb. like it did in December, however demand was strong and we saw the reversal play out on the 7th, only to continue next leg at the 15th. At this point I expect upside until March 7th, $175 target seems likely as we've broken and held this high tf resistance turned support.

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.