UnconvincedTrader

ETH will retest $1.1K - Alt Season is Starting

Long
UnconvincedTrader Updated   
BINANCE:ETHUSD   Ethereum
immediately soon after BTC flash liquidation, it seems ETH have recovering peculiarly well. the price will likely start tapping $1.1K very soon after breaking $1.02K

*disclaimer*
I'm not a financial advisor. this post is part of my opinion on the trend.
Trade closed: stop reached:
turns out BTC is falling down again so all recent recovery structure is nullified and also BTC/USD is forming head and shoulder on 1 hour chart.

this gonna be a bumpy ride for alts. however based on how ETH doing, alt season likely just postponed for a bit. so keep buying the low
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.