4H - Falling Wedge , RSI + Stoch RSI oversold
1D - Ascending Triangle, RSI + Stoch RSI oversold
There is no reason to Short at this time. Maybe or maybe not ETH will drop to $116-$118 before going up by May, but the different price doesn't matter when you look at 1D.
Manage your pocket to be a smart trader.
Right now, we can see a half of Bullish Gartley / Bullish Crab is appearing.
I'm not sure which one will be correct but I'm sure that BTC will fall after reaching $6,300
My opinion, if BTC wants to go back $8,000, it must be under $5,400
A Bearish Pennant is completing after a small pump last night of smaller Descending Triangle.
Look at 6H with this flag , my basic target is $5,200 for a day of dropping . However FUD maybe comes to $5,0xx.
Look at 1H, you will see a miracle.
Bearish Garley Pattern in right ratio, high RSI and Ichimoku.
After this drop is a small up then side way for almost 2 days in a bigger Symmetrical Triangle before going to the moon ($7,200).