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ETH short, SL at 160
Updated wave analysis on ETHUSD.
Assuming confirmation of breakout, ETH may be headed for a new ATH. Green horizontal lines represent potential support zones. Would love some feedback!
Based on the previous reversal pattern from long term bear market.
Found support at previous ATH (1.1), expecting to see bullish movement over the next month.
News and recovery from Citron short shows overall bullish trend, but the price is looking for some retracement. RSI and MACD both showing signs of incoming pullback.
Layer limit orders for better average.
Oversold on 4h, looking for a huge short with safe RR ratio.