$1700 Overview (Step By Step)
See other ideas for each individual step.
PS: Eth is quite literally a dumpster behind Wendy’s atm, I wouldn’t get attached to anything LONG term.
Rising wedge down to $2170, in which breaks out of the bear flag and the second pattern ensues.
The bear flag drops down to $1920, and then completing the h&s down to $1745.
There is a chance we can invalidate the flag and go up to 2300-2380, to form a higher right shoulder and use the equally higher left shoulder to match- however I like what I see, fibs and Bollinger bands certainly corroborate the tale of shorts I see being woven.
PS: Eth is quite literally a dumpster behind Wendy’s atm, I wouldn’t get attached to anything LONG term.
Rising wedge down to $2170, in which breaks out of the bear flag and the second pattern ensues.
The bear flag drops down to $1920, and then completing the h&s down to $1745.
There is a chance we can invalidate the flag and go up to 2300-2380, to form a higher right shoulder and use the equally higher left shoulder to match- however I like what I see, fibs and Bollinger bands certainly corroborate the tale of shorts I see being woven.
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