Hello Everyone! Today will be a short one as well, From what i can see now there parabolic move has not ended yet for either ETH or BTC, while the moves have slowly calmed down and bounced up and down slightly less volatile the next surge will be just as powerful as previously. This will be the final target until we will see a correction, this is my current standpoint.
.618 retracement is btfd. as we can see as before. We could have a bear trap before this move explodes up (would not surprise me).
But there is no room to waste so i see this happening in a relatively short timespan as we are closing in on the contraction point.
Being long or short in this market is really hard right now because of the volatilty, expect your stops to get triggered, then suddenly it goes your way :)
This trade is almost 3:1
Across the trades on all my charts we're almost up 150%, and those with leverage... Like 25x like i use, well we're getting fat and happy.
Have a nice day!
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Alternate trendlines , if we rebound it should be here
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When BTC cools down ETH will have massive gains :)