ES1! 1D chart is showing a bearish Anti-Butterfly pattern with pt4 price target ~3200 level. AntiButterfly is one of the most intense harmonic patterns. Expecting a sharp and fast drop below 3500 to 3000-3200 levels.
Note: with BTC/ES1! correlation, this will likely bring btc at or below support at 18000 and alt coins to follow. BTC is currently 3/4 through the bearish Butterfly pattern, which also usually ends in a steep drop.
Note: with BTC/ES1! correlation, this will likely bring btc at or below support at 18000 and alt coins to follow. BTC is currently 3/4 through the bearish Butterfly pattern, which also usually ends in a steep drop.