ICFX

Ethereum broke down

Short
Seems like the entire crypto market is in heavy correlation. This is ETHEREUM INDEX! Find similiar structure on ETHUSD chart and trade accordingly.

Same structures on BTCUSD , XRPUSD and ETHUSD . So all this applies to BTC as well.

At any case, we have enough DM qualifiers to define this as VALID and GOOD breakdown.

Max where price can go it is descending trendline and pivot (red line) retest...

Breakout projection points exactly where we will end!

PS When you trade use only the most recent price action levels. It is irrelevant what price did centuries ago!

This is my viewpoint and no financial advise.
Comment: I DONT TRADE ILlIQUIDE MARKETS. Crypto moves wherever.
Never took this trade.

Comments

well !!! you right this time buddy (re: comment below) :)
Reply
This went up when you wrote about it going down, hopefully next time your predictions will be correct! :D
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out