Lucideisrise

ETH - My thoughts

Short
BITSTAMP:ETHUSD   Ethereum
Hello.

I see an M Pattern for ETH but i explain why.

1- The yellow/orange Trend is break, is a bearish signal.

2- I see a continuation to the last support of February.

3- If support of February is break, M pattern is active and the target os the low of December.

4- Possible retest of the uptrend (yellow/orange)

5- BTC is the leader, so keep an eye on him. Market maker like to rekt everybody, an fuck pump from here is possible. Keep eyes on the uptrend (yellow orange)

Comment:
If the up trend is Re-entered , forget this analysis.
Comment:
TP 1
Comment:
My target not change
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