"BEARISH PATTERNS DON'T PERFORM WELL IN BULLISH CONDITIONS" - After bears failed at pushing the price lower, the daily time signature is drawing a crab pattern, with the PCZ (pattern completion zone) near $2400. Due to the lack of resistance in this area due to price discovery, the next psychological target for this is $2500. As long as the macro (BTC) stays bullish this is a great trade opportunity.
Entry: based on risk tolerance Profit taking area: based on risk tolerance, $2500 being the psychological target.
@AM.98, I think the stock market being closed today is a great catalyst for cryptocurrency, and ETH in general as we can see it has finally broke through that immense $2000 sell wall. Thanks for your comment!
UnknownUnicorn17255216
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So she likes to push 1950's-1970's but not through yet!!!
CLTullmann
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@TPB-HODL, Just need a little positive MOMO from BTC!
UnknownUnicorn17255216
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Just like BTC, we're in for the correction. Great chart!
CLTullmann
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@TPB-HODL, Yes, it is almost annoying when these ALT-coins have perfect charted patterns but BTC stalls/drops/trades sideways. Once the macro-coin BTC gains more buying pressure ETH will easily break 2k and above. Thanks for your comment!