Description
⋅ ETH-USD appears to be on the verge of a macro trend reversal and will confirm the trend change with a higher high or reclaiming of $300 price levels.
Chart includes description of the
- Buying Climax from previous uptrend
- Selling Climax in previous downtrend
- Buying/Selling Reversal thereafter, confirming potential trend change
Follow details on chart for analysis and educational content on the cause-effect pattern shown of volume, price and overall trend. Comment
⋅ Boom.
2x on price since this.
Comment
⋅ January 8 2021 - Ethereum is now trading at $1200.
Trade closed: target reached
⋅
simple concept with significant implications, I presume.