ETH Flag Pattern: Quick Short then $2K

3. Nov. 2023Hi Traders, Investors and Speculators of Charts📈📉

As you know, we're trading in the opening moments of a new bullish cycle. Often when quick increases happen, pullbacks and corrections are sure to follow, even during a bull market this is natural.

ETH formed a flag, and this gives the opportunity to take either a long or a short. Watch the video for a quick setup with conditions and an easy to understand explanation.

Remember, support and resistance zones are great to watch for possible long and short opportunities during brief pullbacks!

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ETHUSDT

3. Nov. 2023

Kommentar

I'll update here again after the weekly candle close.

6. Nov. 2023

Kommentar

Beautiful close ABOVE the channel for ETH.
As long as Bitcoin dominance continues to drop, macro cap alts should continue to increase.
Allthough a bounce for BTC.D may be close, it looks like macro cap alts can do another push before rotating back into BTC.