Equilibrium pattern forming on ETHUSD. We had a big correction on 7/18 from the new recent high of 271. Trend is still upwards with some small, healthy corrections along since then. Notice the large green volumes following each correction are larger than the previous reds. ETH is still bullish, as is BTC, indicating a good correlation. Watch MACD on 4hr and daily. I will target long position between 215-225. An upward break will likely pass the 237 level and retest 271. Wait for the equilibrium pattern break and a nice bull candle to enter.
Be smart, methodical, and responsible. Let me know what you all think.
Be smart, methodical, and responsible. Let me know what you all think.