MattArmstrong

ETHUSD - Bearish Flag?

Short
COINBASE:ETHUSD   Ethereum / U.S. Dollar
I have been watching ETH but not trading it (full disclosure).
I called this drop earlier...
I do not see the thrust up that I would expect for the movements in Crypto as of late.

I see price flagging to the downside vs finding support at this level. I think price will correct lower $400 - $420, before making its grand "to the moon".

We will see.
Comment: Looks like she is off, I really wanna see this last 4 hour candle close. I don't trade much Crypto, look at how overbought it is. I stay away.
Ideas for EDUCATIONAL PURPOSES ONLY!
I moderate a community of traders, analyzing 24 +/- charts, highlighting areas of interest and probable trade setups.

Telegram: https://t.me/blackdoorcapitalpublic
Facebook: Black Door Capital

Comments

555* possible?
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Before the crash where can it maximum reach ? 550 possible?
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MattArmstrong twennywann
@twennywann, anything is possible, i would call it a correction...not a crash. Crypto can really get moving! Price is at $550 so $555 is just right there, and too tight for my kind of trading (Swing Trading, days to weeks)
Good luck out there!
Thanks for the comment.
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