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g0nzo
Jul 20, 2021 3:19 AM

ETH rising wedge/ H&S target almost reached! Short

Ethereum / TetherUSBinance

Description

follow up of the post i made a while back when we were breaking down out of the rising wedge, when we also formed a massive head and shoulders. target should be reached soon, but idk how confident i am that we will fully stabilize when we do. things looking dicey in market last 48hrs. hope everyone is taking advantage

Comment

FIB. CIRCLES.
Comments
BasKoning
YEAHH awesome
MonoCoinSignal
Nice Pattern
g0nzo
@Rastinmmm, i dont think ive ever closed out a position at a better timing than this one LOL. usually there are a bit of profits left on the table. thank god i was awake!
g0nzo
if we get rejected at 1860, then we are getting rejected by the fib band that we broke through to go on the bull run to ATH's.. doesnt look good
g0nzo
i do expect price reaction at this level, but probably just a take some profits and wait and see then reenter the rest of position again after reassessment
g0nzo
g0nzo
zoomed out view of the two macro trend lines ive drawn. not so sure about the validity of the darker yellow line, but it is *something*
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